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Banks betting on market fundamentals despite trade policy upheaval

Oil & Gas 360º

Oil forecasts show the immediate market impact from the approximately $10 per barrel drop in April 2025, with banks reducing their 2025 price projection to $58.30 Looking ahead to 2035, banks predict oil prices will hover in the $56.24-$57.24/bbl per barrel from $61.89 per barrel in Fall 2024.

BBL
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. After annual capital investments of $2.6

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Strathcona announces sale of Montney business for $2.84 billion and acquisition of Hardisty Rail Terminal

Oil & Gas 360º

billion in 2027 2029, before returning to sustaining expected capital of $0.8 In light of low current oil prices, Strathconas updated long-range plan reflects a deferral of the sanction of the Lindbergh Phase 2 expansion project from 2026 to 2027 to prioritize near-term free cash flow generation. billion in 2026 and $1.1 $1.2

BBL
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Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

Torquay Waterflood Update As part of our commitment to long-term sustainability, Saturn continued to invest in our waterflood projects during the quarter. Should the WTI benchmark oil price fall to US$50/bbl, Saturns hedge book provides significant protection, having a cash value of over $160 million at that level. GJ to $3.35/GJ.

Gas
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What Comes After the Permian for IOCs? A Basin of Enormous Value

Rextag

A Multi-Pronged Strategy to Sustain Growth Beyond Tight Oils Crown Jewel The transformation of the United States into a global energy powerhouse over the past two decades is inseparable from the fracking-led renaissance of the Permian Basin. Conversely, many smaller operators are already experiencing deteriorating well performance.

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Oil prices to stay depressed throughout 20256, JPMorgan predicts

Oil & Gas 360º

(Investing) –Oil prices have plummeted to their lowest levels in more than three years, as China retaliates against President Trumps tariffs, intensifying the ongoing trade war and unsettling global markets. Brent Oil Futures dropped 7.6% a barrel at 14:05 GMT, while Crude Oil WTI Futures fell 8.4%

Oil