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Oil Price - Alberta Budgets for Three Years of Deficit on Low Oil Prices
Alberta is projecting four consecutive fiscal deficits due to weaker oil revenues and rising spending commitments, testing the province’s balanced-budget framework.
‘World oil prices pose risk to local inflation’
ALTHOUGH the Philippines is geographically far from geopolitical tensions abroad, rising global oil prices are emerging as a key upside risk to domestic inflation. National Statistician Claire Dennis ...
Alberta projects C$9.4 billion deficit on lower oil prices
By Amanda Stephenson CALGARY, Feb 26 (Reuters) - The Canadian oil-producing province of Alberta forecast a budget deficit of C$9.4 billion ($6.87 billion) for its 2026/27 fiscal year on Thursday, ...
Oil prices stable as large US crude stock build outshines supply concerns
Oil prices held near seven-month highs on Wednesday as investors weighed up the threat to oil supply from potential military conflict between the U.S. and Iran.
Oil prices hit seven-month highs as tensions rise before US-Iran talks
Traders appear to be hedging against worst-case scenario of a conflict between the two nations, analyst says ...