Canada‚Äôs biggest oil companies sent mixed signals with a series of budget announcement this week, with some upbeat about next year and others more cautious, with plans to cut spending in a depressed growth environment. Husky Energy (OTCMKTS: HUSKF) seems to be the most cautious. In its 2020 capital spending and production guidance report released early this week, the company said it planned to cut its capex by US$379 million (C$500 million) over 2020-2021, with the sum budgeted for 2020 at US$2.4-$3.6 billion (C$3.2-3.4 billion). Most of the spending cuts, Husky said, will be effected in 2021. Suncor (NYSE: SU) is another cautious player in Canadian oil. The major plans to spend between US$4.1 billion and US$4.55 billion (C$5.4-6 billion) in 2020, with spending on oil projects unchanged on this year. At the same time, Suncor expects 5 percent higher production from its oil operations, at between 800,000 and […]