financetom
Business
financetom
/
Business
/
Imperial Oil forecasts higher production for 2025
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Imperial Oil forecasts higher production for 2025
Dec 12, 2024 5:14 AM

Dec 12 (Reuters) - Canada's Imperial Oil ( IMO )

forecast higher crude production in 2025 on Thursday, as it

expects to ramp up output from existing oil sands assets.

The company forecast 2025 production in the range of

433,000 to 456,000 barrels of oil equivalent per day, compared

to 420,000 to 442,000 boped it forecast for 2024.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Teck Resources Maintained at Hold at Stifel Canada Following Anglo American Deal; Price Target Kept at C$60.00
Teck Resources Maintained at Hold at Stifel Canada Following Anglo American Deal; Price Target Kept at C$60.00
Sep 10, 2025
11:12 AM EDT, 09/10/2025 (MT Newswires) -- Stifel Canada on Wednesday maintained its hold rating on the shares of Teck Resources (TECK-B.TO) and its C$60.00 price target after the company agreed to be acquired by Anglo American to form a top-five copper producer but a deal that offers no premium to shareholders. Teck Resources and Anglo American plc have agreed...
Trump Media Pushes Into Finance With 'America First' ETF Lineup
Trump Media Pushes Into Finance With 'America First' ETF Lineup
Sep 10, 2025
Trump Media & Technology Group Corp. ( DJT ) announced Wednesday that its fintech arm and streaming division are moving deeper into financial products with the filing of five new exchange-traded funds ETFs built around “America First” themes. The ETFs reflect a broader push to expand beyond social media and digital assets. The filing with the U.S. Securities and Exchange...
Europe's AI poster child Klarna taps the brakes on chatbots
Europe's AI poster child Klarna taps the brakes on chatbots
Sep 10, 2025
By Supantha Mukherjee and Echo Wang STOCKHOLM/NEW YORK (Reuters) -After becoming one of the early adopters in Europe of artificial intelligence, Klarna CEO Sebastian Siemiatkowski says the lender may have gone too far in using the technology to cut costs at the expense of service and product improvement.   Global companies are racing to harness AI to help them improve efficiency,...
EU is unlikely to hike tariffs on India, China at Trump's request
EU is unlikely to hike tariffs on India, China at Trump's request
Sep 10, 2025
BRUSSELS (Reuters) -The European Union is very unlikely to impose crippling tariffs on India or China, the main buyers of Russian oil, as U.S. President Donald Trump has urged the bloc to do, EU sources said. An EU delegation, including the EU's Russia sanctions chief, flew to Washington this week to discuss how the two sides can coordinate on sanctions...
Copyright 2023-2026 - www.financetom.com All Rights Reserved