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Oil companies facing forced asset sales as banks assess funding
Companies from Penn West Petroleum Ltd. to Athabasca Oil Co. are under pressure to sell assets to keep the money flowing.
Posted on 9-04-2015 at 8:59 AM
Penn West faces New York delisting as rout makes it penny stock
Penn West Petroleum is facing the loss of its New York listing, closing off another funding option for the cash-strapped Canadian oil producer to survive a crude price crash that’s forced it to fire 400 workers.
Posted on 9-04-2015 at 8:44 AM
The next bull cycle for oil won't start until late 2016, warns analyst
Josef Schachter, the president and chief investment officer of Schachter Asset Management, says the current rate of three million barrels a day in excess production will max out global storage capacity in October or early November, sending the price of crude lower.
Posted on 9-03-2015 at 3:19 PM
Crude oil retreats as attention shifts to U.S. payrolls number
Crude oil pared gains as a rally in U.S. equities faded ahead of Friday’s jobs report.
Posted on 9-03-2015 at 11:06 AM

Today on Commodities

11:30 am ET
Roger McKnight
Senior Oil Analyst, En-Pro International

 Still Hosed at the Pumps

Despite the seasonal drop in gasoline demand that begins around this time of year and lower oil prices generally,Canadians should not expect any relief at the gas pump. A look at why fuel prices will remain about where they are now, with Roger McKnight, Senior Analyst with En-Pro International.

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Commodities

commodities@bnn.ca

From aluminum to zinc and everything in between, join BNN at 11:30 a.m. ET, 8:30 a.m. PT for the latest insight into the hot world of commodities and the companies that produce them, including interviews with mineral and mining entrepreneurs from Canada and around the globe. Whether it's a gold play in the Andes or a hot offshore oil prospect, BNN has you covered on commodities. For replay times click here.

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