-
Firefighters gained control of one wildfire near the main oil-sands region of Alberta on Wednesday but continued to battle a much larger blaze to the south that’s threatening the area’s biggest city. The fire just north of Fort McMurray, located close to where massive oil-sands mines produce hundreds of thousands of barrels a day of crude, was downgraded to ...
-
WTI prices remained relatively unchanged since last week’s oil report. In the current report we intend to have a look at the state of the US wti market, Iraq’s commitment to OPEC’s production cuts, and the difference in global oil demand forecasts between the IEA and OPEC. To conclude the report we will also provide a technical analysis of WTI’s daily ...