BOE Report - Canada's Source for Oil & Gas News
WEB4 days ago · BOE Report - Canada's Source for Oil & Gas News. October 1, 2024 2:30 PM CALGARY, AB, Oct. 1, 2024 /CNW/ – Tourmaline Oil Corp. (TSX: TOU) (“Tourmaline” or the “Company”) is pleased to announce that it has closed the acquisition of Crew Energy Inc. (“Crew”), pursuant to which the Company acquired all of the issued and outstanding ...
Navigating a Volatile Landscape: What to Expect for the Rest ...
WEB3 days ago · GLJ’s analysts have made no significant changes to our long-term expected nominal oil and gas prices for key benchmarks. Our long-term real oil price forecast remains at USD $74.00 per barrel in 2024 dollars for WTI. Similarly, we have maintained our long-term real price for Henry Hub at $4.00 per MMBtu in 2024 dollars.
Heavy oil discount tightens | BOE Report
WEB3 days ago · The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) tightened on Friday: * WCS for November delivery in Hardisty, Alberta, settled at $12.20 a barrel below WTI, according to brokerage CalRock, having settled at $12.75 a barrel under the benchmark on …
US drillers cut oil and gas rigs for third week in a row ...
WEB3 days ago · U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes said on Friday in its closely followed report. The oil and gas rig count, an early indicator of future output, fell by 2 to 585 in the week to Oct. 4. Baker Hughes said that puts the total rig count down ...
Heavy oil discount widens | BOE Report
WEB5 days ago · Heavy oil discount widens. * WCS for November delivery in Hardisty, Alberta, settled at $12.85 a barrel below WTI, according to brokerage CalRock, having settled at $12.70 a barrel under the benchmark on Tuesday. * Suncor Energy said it will start two weeks of planned maintenance at its 137,000-barrel-per-day Montreal, Quebec, refinery …
Plentiful oil supply dampens industry reaction to growing ...
WEB5 days ago · The global oil benchmark Brent jumped 5% on Tuesday after Iran, a key producer and member of the Organization of the Petroleum Exporting Countries, attacked Israel in retaliation for its campaign against Hezbollah in Lebanon. The price of Brent settled on Tuesday only 2.6% higher at $73.56, however, broadly in line with last week’s levels.
Heavy oil discount tightens as new trade cycle begins
WEB6 days ago · The discount on Western Canada Select (WCS) heavy crude versus the North American benchmark West Texas Intermediate (WTI) narrowed on Tuesday, the first day of the new monthly trade cycle: * WCS for November delivery in Hardisty, Alberta, settled at $12.70 a barrel below WTI, according to brokerage CalRock, having settled at $13.05 a …