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OPEC sees oil prices rising to $60 a barrel in 2016 and $95 in 2040

OPEC sees oil prices rising to $60 a barrel in 2016 and $95 in 2040

The cartel sees strong demand for oil and gas, particularly from developing countries and growth of the middle class. OPEC expects fossil fuels to account for 78% of the world's energy supplies by 2040. OPEC production should grow aggressively over the next 25 years, but the organization sees growth slowing in North America.

How much for that heavy oil?

How much for that heavy oil?

Inter Pipeline plans to grow oil sands pipeline network in 2016

Inter Pipeline plans to grow oil sands pipeline network in 2016