3 Stocks in the Canadian Upstream Industry Worth Some Thought

Several factors have dimmed the sentiment in the energy market, impacting the Zacks Oil and Gas - Exploration and Production - Canadian industry. These factors include worries regarding global economic growth and uncertainties surrounding demand forecasts. A notable increase in fuel inventories, coupled with OPEC+'s extension of production cuts lacking any positive surprises, has overshadowed the outlook for energy demand. Moreover, concerns persist about sluggish demand in China. The natural gas sector has ...