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Getting In On Canada’s $30 Billion Marijuana Boom

Apr 19, 2017 at 18:19 | Charles Kennedy

A new commodity boom is coming to Canada. And this time, it is going to be a green rush. Marijuana is expected to be legalized in the country this year.…

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Don't Believe The Hype: Oil Markets Far From Recovery

Apr 19, 2017 at 17:11 | Arthur Berman

Global oil inventories are falling because of OPEC and non-OPEC production cuts, but the road to market balance will be long. Production cuts have removed approximately 1.8 million barrels per…

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What Does The Future Hold For Canada’s Oil Sands?

Apr 19, 2017 at 15:42 | Omar Mawji

Phases in Canada’s Oil Sands We have entered a unique phase in major oil sands acquisitions in Alberta. Canadian companies are using their operational expertise, large market values, and stable…

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Bullish Oil Price Predictions Should Be Treated With Caution

Apr 19, 2017 at 15:38 | Gregory Brew

Despite prices levelling off and a continued resurgence in American production, bullish predictions on future prices are stacking up as analysts weigh in on where oil is headed. Citigroup Inc.…

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Oil Industry Worried About Trump’s “Buy American”

Apr 19, 2017 at 15:35 | Nick Cunningham

U.S. President Donald Trump signed an executive order on Tuesday that would promote his “Buy American, Hire American” trade policy, an agenda that is worrying oil pipeline companies. Trump’s executive…

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Kuwait: Iran May Keep Production Level If OPEC Extends Cuts

Apr 19, 2017 at 13:56 | Tsvetana Paraskova

Iran will likely be allowed to maintain its current oil production levels should OPEC decide next month to extend the output cut deal for another six months, Kuwait’s Oil Minister…

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Oil Prices Edge Lower As Imports Keep Inventories Buoyed

Apr 19, 2017 at 12:39 | Matt Smith

After a lesser draw than expected to crude inventories, oil is selling off on this third Wednesday in April. As strong imports from the Middle East this week should help…

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Drillers Remain Cautious Despite Shale Success

Apr 19, 2017 at 10:51 | Irina Slav

February marked the first month since mid-2014 when oil and gas activity in the Permian increased on an annual basis, the latest Texas Permian Basin Petroleum Index has shown.…

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IMF Predicts $55 Barrel Through 2018

Apr 19, 2017 at 10:40 | Zainab Calcuttawala

Markets should expect oil to hover around $55 in 2017-2018, according to the International Monetary Fund’s World Economic Outlook, released on Tuesday. Last year’s average barrel price was $42.84…

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Oil Markets React Stoically To Crude Inventory Draw

Apr 19, 2017 at 09:50 | Irina Slav

Amid rising optimism about where oil prices are going, the EIA reported a 1-million-barrel draw in crude oil inventories for the week to April 14, just a day after…

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