March 1, 2026

Oil prices fallout: OPEC producers boost output after Iran strikes

Oil prices fallout: OPEC producers boost output after Iran strikes

A coalition of OPEC, Russia and allied oil-producing nations agreed Sunday to boost output by a larger-than-expected amount in a move that could help offset any shortfall from Iran amid this weekend’s strikes.Why it matters: The OPEC+ boost of 206,000 barrels per day is an early sign of how producers and companies will respond to […]

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Alberta’s reliance on oil revenues means that when prices fall, the economy follows

Alberta’s reliance on oil revenues means that when prices fall, the economy follows

Edmonton · Analysis The Alberta government’s new budget projects years of deficits due to slumping oil prices. Some experts say the province’s predictions for price recovery may be optimistic. Province’s predictions for price recovery may be optimistic, some experts say Taylor Lambert · CBC News · Posted: Mar 01, 2026 8:00 AM EST | Last

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