N. B. Amaral News

  • Low world oil prices to slow growth of Canadian oil production

    The sharp drop in world oil prices over the past year is slowing the growth of Canadian oil production over the next two decades, the Canadian Association of Petroleum Producers announced today in its 2015 Crude Oil Forecast, Markets and Transportation report. CAPP estimates production of Canadian oil will increase 43 per cent over 16 years, growing to 5.3 million barrels per day by 2030, up from ...


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