Shut-ins across Canada to cut 1.2 million barrels a day

ANALYSIS from global oil and gas research firm Rystad Energy warned upstream spending across Canada will fall more than 40% with wells and oil sands extractions expected to cull production by “at least” 1.2 million barrels of oil per day.

Shut-ins across Canada to cut 1.2 million barrels a day Shut-ins across Canada to cut 1.2 million barrels a day Shut-ins across Canada to cut 1.2 million barrels a day Shut-ins across Canada to cut 1.2 million barrels a day Shut-ins across Canada to cut 1.2 million barrels a day

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"The unnerving impact of the COVID-19 pandemic and global oil oversupply, along with the shattered oil price, will result in the "most drastic spending reduction in Canada in recent memory,"