Friday, December 20, 2024
Ukraine war shook up markets, but much stays the same for Canadian oil and gas-oil and gas 360

Ukraine war shook up markets, but much stays the same for Canadian oil and gas

BOE Report CALGARY – When Russian tanks and troops rolled into Ukraine one year ago, it was no shock that crude prices spiked above US$100 per barrel for the first time since 2014.   With Russia controlling 10 per cent of the world’s crude oil supply, many observers in the early days of the conflict predicted the war and Western