Tag Archives: International News Agency

When the lease on an Alberta Health Services office in Calgary came due for renegotiation two years ago. the rental market was so bad that trying to keep the tenants wasn’t worth it.

OPEC is close to reaching an agreement to extend the production cut deal beyond June.

In 2018. India imported the third-highest volume of crude oil by value after China and the United States.

Saudi Arabia and Russia. the two largest producers in the OPEC coalition. voiced concerns that falling oil demand could send prices below $40 bbl as they met in Moscow.

Oil bulls thought 2020 would be their year.

U.S. crude explorers reduced drilling to a 15-month low as oil dipped into bear-market territory.

After a prolonged oil price plunge. pushing price levels down to around $59 Brent per barrel. signs are showing that the market believes the downward trend has overshot its target.

South Korea said its economic growth faces prolonged downside risks as uncertainty surrounding external conditions grow more than expected.

Last year. the buzz term in the natural gas world was the alarmist cry of stranded assets.

China announced in March it was going to spin off the pipeline operating assets of the three state oil and gas majors and create a separate entity dedicated solely to this infrastructure.