Markets & Investment

PSAC STARS & Spurs Safe@Home Raises $450,000

Tuesday, March 2, 2021, 9:49 AM MST

The 2021 PSAC STARS & Spurs campaign has nearly reached the halfway point of its $1 million donation goal raising…

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Exxon board adds activist after attacks on returns, climate

Tuesday, March 2, 2021, 6:43 AM MST

Exxon Mobil Corp. appointed climate-minded activist investor Jeff Ubben and former Comcast Corp. executive Michael Angelakis to its board following…

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OPEC production plunges as Saudis deliver extra oil cutbacks

Tuesday, March 2, 2021, 6:18 AM MST

OPEC’s crude production plunged last month as Saudi Arabia delivered extra cutbacks intended to clear the remnants of a global…

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Oil sinks toward $60 before OPEC+ meets to decide on supplies

Tuesday, March 2, 2021, 6:10 AM MST

Oil held steady just days before many of the world’s largest producer nations meet to discuss how much crude they…

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Oil powers ahead as critical OPEC+ meeting looms, markets rally

Monday, March 1, 2021, 6:22 AM MST

Oil rebounded from its biggest slump since November ahead of a key OPEC+ meeting that may see some supply returned…

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Alberta budget holds out hope for Keystone XL with no provisions

Friday, February 26, 2021, 6:55 AM MST

Alberta’s budget came with no provisions for investments that the Canadian province made in the Keystone XL pipeline, even after…

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Oil slumps with wider markets, denting record start to 2021

Friday, February 26, 2021, 6:47 AM MST

Oil’s record start to 2021 was under pressure from a firming dollar and a selloff in bond markets that spooked…

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Alberta’s budget promises more help for COVID 19 with a hard deficit

Friday, February 26, 2021, 6:32 AM MST

Alberta's COVID-19-era budget made a hard landing Thursday with an $18.2-billion deficit but also a promise that good times will…

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Oil advances from one-year high with global market tightening

Thursday, February 25, 2021, 6:43 AM MST

Oil extended gains from its highest close in more than a year on a slump in U.S. oil inventories and…

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Crescent Point vows to pay down debt from Shell acquisition with rising oil profits

Thursday, February 25, 2021, 5:56 AM MST

The CEO of Crescent Point Energy Corp. says the company is poised to benefit from rising oil prices after two…

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Oil rally extends with traders eyeing further price gains

Wednesday, February 24, 2021, 6:38 AM MST

Oil climbed again, with mixed news on global inventories offset by expectations of a prolonged market rally into the summer.…

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ExxonMobil selling some assets for more than $1B

Wednesday, February 24, 2021, 6:21 AM MST

Exxon Mobil is selling most of its upstream assets in the United Kingdom central and northern North Sea to HitecVision…

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