Imperial Oil Limited is a prominent Canadian integrated oil and gas company that engages in the exploration, production, and refining of petroleum and petroleum products. With a rich history and strong ties to Canada's energy sector, the company operates in various segments of the oil industry, including upstream activities like oil sands extraction, as well as downstream operations encompassing refining and marketing of fuels, lubricants, and other products. Imperial Oil is also involved in developing innovative technologies to enhance energy efficiency and reduce environmental impact, thus playing a significant role in the transition towards more sustainable energy solutions. Read More
JP Morgan analyst updates ratings, price targets, and forecasts for major North American oil companies. Brent crude expected to average ~$70/bbl in 2025, with focus on defensive positioning and unique re-rating opportunities.
