Canadian oil and gas producer Crescent Point Energy Corp posted a higher fourth-quarter profit on Wednesday compared to the third, as commodity prices rebounded from pandemic lows. Brent crude prices averaged around $45 in the last three months of 2020 after hitting record lows earlier, as vaccine rollouts built confidence about travel demand bouncing back …
The post Canada’s Crescent Point posts higher quarterly profit as crude prices rise first appeared on Hellenic Shipping News Worldwide.