Trouble brewing where the drilling rigs used to roam wild

Trouble brewing where the drilling rigs used to roam wild

On the surface, where drilling rigs roam, the numbers don’t look good. That’s why a growing number of analysts are talking about a potential oil price spike, possibly north of $100-a-barrel again. Lacklustre international drilling activity, against a backdrop of ever-rising levels of consumption, is supportive of the higher-prices-yet-to-come thesis. A review of regions outside…

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Trouble brewing where the drilling rigs used to roam wild

Trouble brewing where the drilling rigs used to roam wild

On the surface, where drilling rigs roam, the numbers don’t look good. That’s why a growing number of analysts are talking about a potential oil price spike, possibly north of $100-a-barrel again. Lacklustre international drilling activity, against a backdrop of ever-rising levels of consumption, is supportive of the higher-prices-yet-to-come thesis. A review of regions outside…

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‘World of trouble’: Industries facing steel shortage urge Ottawa to back off retaliatory tariffs against Trump

‘World of trouble’: Industries facing steel shortage urge Ottawa to back off retaliatory tariffs against Trump

OTTAWA — A coalition of steel companies is urging Ottawa to back off of retaliatory measures aimed at the Trump administration, arguing the move will dramatically increase input costs and have a ripple effect across the broader Canadian economy. The argument runs counter to those made by primary Canadian steel producers earlier this week, who…

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