Crude oil rebounded Monday afternoon after dipping below $35 a barrel for the first time since 2009, a concerning statistic for those in Canada, where thousands of oil-related jobs have already been lost. [CNBC]
The head of Europe’s coal lobby has said that his industry will be “hated and vilified in the same way that slave-traders were once hated and vilified” as a result of the Paris climate deal. [The Guardian]
Cubic Energy, a company that produces natural gas and oil, became the latest of several dozen producers to file for bankruptcy protection this year. [The NY Times]