Category : Search result: Deloitte oil price forecast


IEA: Oil Demand May Grow Beyond 2050

A new International Energy Agency scenario shows global oil demand rising past 2050 if current climate policies continue, reshaping investment outlook for Canada's energy sector.

Global Oil Glut Looms, But Reversal Forces Emerge

Expert Rory Johnston analyzes the cooling oil demand and rising supply creating a potential global surplus. Discover the key market forces that could unexpectedly reverse this trend.

Alberta Clipper Brings Rain & Snow to Manitoba

Meteorologist Colleen Bready details how an Alberta clipper system will bring light precipitation across Manitoba, with Winnipeg expecting rain and northern areas seeing snow accumulation.

MEG Energy Shareholders Approve Cenovus Takeover Deal

MEG Energy shareholders overwhelmingly approve Cenovus Energy's acquisition offer, creating a stronger combined entity in Alberta's oil sands sector with enhanced operational efficiency and financial stability.

Alberta Fires Back Over BC Oil Tanker Ban Demands

Alberta's government delivers sharp rebuke to BC premier and Indigenous leaders calling for permanent oil tanker ban, escalating tensions over Canadian energy policy and economic future.

Ottawa's First Snowfall Arrives: Winter 2025-2026 Begins

Ottawa residents woke up to the season's first significant snowfall, transforming the capital into a winter landscape. Discover how much snow fell, what to expect for the coming winter, and how the city is preparing.

Suncor Hikes Dividend, Beats Earnings Expectations

Suncor Energy delivers impressive Q4 results, beating earnings expectations and rewarding shareholders with a substantial dividend increase amid rising oil prices and operational improvements.

London Spring Showers Continue with Mild Temperatures

London residents can expect lingering rain showers and mild temperatures as an unsettled weather pattern continues across the region. Find out when sunshine returns and what to expect in the coming days.

Oil & Gas Reality: What Companies Are Actually Doing

While politicians debate energy policy, Canada's oil and gas industry is quietly transforming through massive investments in decarbonization and clean technology. Discover the real story behind the headlines.

Calgary Weather: Calm Tuesday, Stormy Wednesday Ahead

Calgary residents should enjoy Tuesday's calm weather while it lasts - significant changes are coming Wednesday with strong winds and potential thunderstorms before conditions improve again Thursday.

Imperial Oil sells Calgary HQ, cuts hundreds of jobs

Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.

Oil Steadies as U.S. Reimposes Venezuela Sanctions

Global oil prices found stability as the U.S. reinstated sanctions on Venezuela's oil industry, creating new uncertainty in energy markets while Middle East tensions continue to simmer.

Cenovus-Husky Merger Vote Delayed Another Week

The crucial shareholder vote on Cenovus Energy's massive acquisition of Husky Energy has been postponed for another week, creating uncertainty in Canada's oil and gas industry during turbulent times.

Cenovus-MEG Energy Deal Delayed Over Regulatory Inquiry

A crucial shareholder meeting to approve Cenovus Energy's $3.8 billion acquisition of MEG Energy has been postponed amid regulatory scrutiny from Canadian authorities, creating uncertainty in Alberta's oil sands sector.

Canadian Oil Sands Outshining U.S. Energy Peers

A new report reveals Canadian oil sands companies are gaining competitive advantages over U.S. shale producers, with lower decline rates and stronger financial performance attracting investor attention.

Toronto Halloween: Wet & Chilly Weather Expected

Toronto residents should prepare for a damp Halloween with Environment Canada predicting cool temperatures and rainfall that could impact trick-or-treating plans across the city.

Russia's Oil Exports Hold Steady Despite Sanctions

Despite sweeping new Western sanctions, Russia's crude oil exports show remarkable stability. Fresh analysis of global tanker movements reveals Moscow continues to find buyers, with export volumes holding steady in early 2024.

Wet Halloween Forecast: Rain-Proof Your Costumes

Environment Canada's Halloween forecast predicts wet weather for London and surrounding areas. Discover expert tips to keep your costumes dry and your trick-or-treating plans on track despite the rainy conditions.

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