Funding & Business
Oil Sands Producers Raise Output by Curtailing Maintenance
Canadian oil sands companies have found a way to ramp up production in the face of oil prices: curtailing lengthy repairs to equipment.
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OPEC+ has agreed in principle to increase production again next month, according to delegates, as the group doubles down on its policy shift to pursue market share instead of defending prices.
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Junk debt is about as safe as investment-grade now, at least according to prices in credit markets.
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