Oil prices are in the negative: COVID-19 rules to stay home played a huge part

As oil prices dropped to unprecedented negative levels Monday, experts say it is all the result of an oversupply problem that was pushed to this point due to stay-at-home orders related to COVID-19. Related News Crude oil prices hit their…

Alberta oilsands struggling as Western Canadian Select plunges to $5 per barrel

Oil and gas producers in Alberta may very well be facing their toughest challenge to date, as the price of Western Canadian Select closed at US$5.29 Wednesday. Experts have attributed the price drop to the ongoing COVID-19 pandemic, as well…