Rating agency now expects prices to average US$85 per barrel this year
BMO increases GDP growth estimate for 2023
Lawsuits, rising regulatory, reputation risk could accelerate economic transition
Geopolitical tensions and OPEC+ to keep prices elevated in short term
The legislation offers about $375 billion in tax credits to help the U.S. clean energy industry
Rating agency sees brighter 2023 for China, U.S., Europe, but trims its 2024 outlook
Growing share of global companies to confront rising transition risks
Pullback in energy underpins softening price pressures
The province's budget contains a plan for legislated balanced budgets
The decline reflected weak demand and decreasing energy prices