MRO Magazine


  • News Industry

    Report says oil and gas prices likely to grow slowly in coming years

    April 17, 2017 by MRO Magazine

    Calgary – Increased drilling activity in Canada and the United States, coupled with concerns that demand for oil may not grow enough in 2017 to match available supplies, is putting downward pressure on oil prices, which in March dropped below

  • News Industry

    Oil prices expected to grow slightly in 2017

    January 4, 2017 by MRO Magazine

    Calgary – Production cuts by members of the Organization of the Petroleum Exporting Countries (OPEC) and other non-OPEC countries are expected to provide a short-term boost to world oil prices, but the effects will be offset to some extent by

  • News Industry

    OPEC production jumped before global deal on cuts, IEA says

    December 13, 2016 by The Canadian Press

    Paris – The International Energy Agency says OPEC oil production climbed to a record high last month, in the days and weeks leading up to a major global deal to slash output. OPEC countries pumped 34.2 million barrels a day

  • News Industry

    OPEC states fail to reach deal on production

    June 3, 2016 by The Canadian Press

    Vienna (AP) – OPEC countries failed Thursday to agree on measures to influence crude supplies and prices – a missed opportunity to show the resolve that for decades let them set how much consumers and industries worldwide would pay for