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Tag Archives: Brian Ferguson

Hurting Canadian oil producers signal further cuts to come

CALGARY, Alberta – Canadian energy companies, especially those at higher cost oil sands producers, are signaling they will cut capital spending for a second straight year in 2016 as they adjust to a painful new reality of oil near $40 a barrel. Energy executives, coming off a bleak third-quarter earnings season and due to roll out capital budgets in coming ...

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