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5 Best Oil Stocks to Buy in July 2021


5 Best Oil Stocks to Buy in July 2021
19, July 2021 | Last Updated: 19, July 2021
Oil prices have experienced a temporary rejection after tagging some long-dated technical resistances following an unexpected impasse during the latest OPEC+ meeting that led the market astray.
Meanwhile, the threat of the Delta variant of the coronavirus and the subsequent reintroduction of travel restrictions and other similar measures in many corners of the world are threatening to slow down the pace at which the global economy is recovering and this results in a depressed outlook for oil demand.
In this particularly unfavorable short-term backdrop, certain oil stocks could be trading at more attractive prices compared to a month ago and that opens up an opportunity for investors. ....

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Canada's Largest Oil Sands Producers Announce Unprecedented Alliance To Achieve Net Zero Greenhouse Gas Emissions

Canada's Largest Oil Sands Producers Announce Unprecedented Alliance To Achieve Net Zero Greenhouse Gas Emissions
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Canadian Natural Resources Limited: Canada's Largest Oil Sands Producers Announce Unprecedented Alliance to Achieve Net Zero Greenhouse Gas Emissions


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Calgary, Alberta (Newsfile Corp. - June 9, 2021) - Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy formally announced today the Oil Sands Pathways to Net Zero initiative. These companies operate approximately 90% of Canada s oil sands production. The goal of this unique alliance, working collectively with the federal and Alberta governments, is to achieve net zero greenhouse gas (GHG) emissions from oil sands operations by 2050 to help Canada meet its climate goals, including its Paris Agreement commitments and 2050 net zero aspirations.
This collaborative effort follows welcome announcements from the Government of Canada and the Government of Alberta of important support programs for emissions- reduction projects and infrastructure. Collaboration between industry and government will be critical to progressing the Oil Sands Pathways to Net Zero vision and achieving Canada s climate goals. ....

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