Canadian Oil and Gas
Canadian Oil and Gas Firms Brace for Spending Squeeze Amidst Dipping Prices and High Supply
Calgary, Alberta – October 20, 2025 – The Canadian oil and gas industry is navigating a challenging landscape as late 2025 unfolds, grappling with a persistent spending squeeze driven by dipping global commodity prices and an abundant supply. This confluence of factors is significantly impacting the budgets and forecasts of Canadian producers