Thursday, June 25, 2026

RBC’s Croft Warns OPEC’s ‘Fragile Five’ are on Verge of Collapse

From the Financial Post The global oil price rout has left many oil producers reeling across the world. From Canada to Norway, Saudi Arabia to Russia, none of the world’s largest oil exporters have been spared from oil prices that declined 45 per cent last year alone. While some of the biggest producers will stumble along, five oil-producing economies are