• RSS BOE Report

    • Oil prices extend gains on COVID vaccine hopes
      Oil prices extended their gains on Monday as traders were optimistic about a recovery in crude demand thanks to successful coronavirus vaccine trials, but price gains were contained by renewed lockdowns in several countries. Sentiment was also bolstered by hopes that the Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers, a group […]
    • Pipe dreams leave U.S. energy firms caught in climate trap
      In remote northern Michigan a propane shortage in early 2014 caused prices to nearly double, squeezing about half of the families there who rely on fossil fuel to heat their homes. Glenda Bowler remembers her son fitting a wood stove at his restaurant as an alternative to propane, which reaches Michigan’s Upper Peninsula via a […]
    • Canada’s weekly rig count at 108
      Canada averaged 108 active drilling rigs this week according to data from the Canadian Association of Oilwell Drilling Contractors. Of those rigs, 56 are drilling for oil, 49 are drilling for natural gas, 1 for potash, and 2 for other. Drilling activity by province is 70 in Alberta, 18 in Saskatchewan, 19 in British Columbia, […]


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