Below-normal temperatures lead to soaring spot LNG prices
But opposition to resource development from environmental organizations and First Nations means Canada being left out in the cold
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Author: Rashid Husain Syed
Crude oil market remains in flux
Global crude demand remains a major concern. Contributing to the changing crude use pattern, India’s consumption fell for the first time in more than two decades
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Saudis sacrifice to broker oil production cuts
Until recently, the nation has insisted it wouldn’t unilaterally cut output until others agreed to contribute. All that has changed
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Oil markets still face uncertain future
Even if the vaccines remain effective against the new COVID-19 mutants, a true crude oil market rebound is still a long shot
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Tensions rise in Persian Gulf over oil shipments
The only guarantee of safe passage of crude from the energy-rich Middle East region is the resolution of disputes through negotiations
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