Canada’s Oil Patch Faces Chill, But Output Still Set to Climb ...Middle East

OILPRICE - Economy
Canada’s Oil Patch Faces Chill, But Output Still Set to Climb
source : OILPRICE ( Middle East ) () 65
Sales of drilling rights in the oil sands of Alberta are on the decline, reversing an earlier boom. The trend, attributed to Trump’s tariffs and the consequent oil price dive, was aggravated by OPEC+’s decision to unwind its cuts faster than expected. It’s also not going to affect production outlooks for Canadian oil. Land prices in Alberta’s oil sands are down 18% from last year to C$771 per hectare, or $561, Bloomberg reported this week. The trend reflects a wider decline in land lease prices, at 25% from a year ago, and,…

Hence then, the article about canada s oil patch faces chill but output still set to climb was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Canada’s Oil Patch Faces Chill, But Output Still Set to Climb )

Apple Storegoogle play

Last updated :

Also on site :



Latest News

The 2025 Meet Global MICE Congress has drawn twice as many participants

before 41 minute

Remembering Lou Gerstner

before hour & 42 minute

Nigeria: Telecom Sector Shows Resilience Amid Tariff Hikes, Infrastructure Push

before 2 hours & 5 minute

Nigeria: The Attack On Nigeria's Power Infrastructure

before 2 hours & 30 minute

Muscat stock exchange index falls 0.26 percent

before 3 hours & 26 minute

Billion-Dollar Data Centers Are Taking Over the World

before 5 hours & 44 minute

Best Accounting Software for UK Small Business (January 2026): Sage Recognised as the Leading Solution for Managing Finances by Consumer365

before 6 hours & 27 minute

The Dollar Is Facing an End to Its Dominance

before 6 hours & 42 minute

LG Display showcases wide lineup of world-first, leading OLED monitors

before 15 hour & 55 minute

Why China Is Driving Short-Term Oil Prices But OPEC Still Holds the Lever

before 16 hour & 48 minute

China Passes Amendments to Foreign Trade Law to Boost Trade War Capabilities

before 16 hour & 56 minute

Small Modular Reactors Are the Perfect Fit for Kazakhstan’s Power Grid

before 18 hour & 53 minute

How Israel Is Reframing the Iran Threat

before 22 hour & 52 minute

Phemex aggiorna l'ecosistema RPI stabilendo nuovi parametri di riferimento per la liquidità su oltre 210 coppie

before 23 hour & 49 minute

RKTech Invests in Entropy, Unlocking Access to Two Million LATAM Technology Professionals

2025-12-27