Imperial Oil to boost spending, slightly raise output amid volatile recovery

MOSCOW (MRC) -- Canada's Imperial Oil , one of the country's biggest crude producers and refiners, said that it would raise capital spending and production next year as a volatile recovery of energy demand continues, reported Reuters.Chief Executive Brad Corson said at the company's virtual investor day presentation that a recovery in global energy demand looked to be "highly uncertain" a

Full article at mrcplast.com