Markets & Investment

Oil extends gains on latest vaccine breakthrough, China recovery

Monday, November 16, 2020, 6:52 AM MST

Oil extended gains in New York as Moderna Inc. reported its COVID-19 vaccine is highly effective against the virus. Moderna’s…

Read Article

Inter Pipeline hopes to find petrochemical partner in the first half of 2021

Monday, November 16, 2020, 6:17 AM MST

Inter Pipeline says it hopes to conclude its search for a partner in its $4-billion petrochemical project now under construction…

Read Article

Supreme Court of Canada sides with Hydro Quebec over transmission line project

Monday, November 16, 2020, 6:12 AM MST

Hydro-Quebec has the right to construct an electric-power transmission line along an existing corridor despite the objections of land owners,…

Read Article

Oil falls below $41 with surging COVID cases menacing demand

Friday, November 13, 2020, 7:06 AM MST

Oil fell for a second day – dropping below $41 a barrel in New York – as the ongoing spread…

Read Article

IEA cuts oil-demand outlook as vaccines won’t rescue market

Thursday, November 12, 2020, 6:44 AM MST

The International Energy Agency cut forecasts for global oil demand amid new lockdown measures and cautioned that the vaccine breakthrough…

Read Article

Oil near $41 with IEA warning on outlook, OPEC+ edging to accord

Thursday, November 12, 2020, 6:40 AM MST

Oil steadied as the International Energy Agency warned the coronavirus vaccine breakthrough won’t quickly revive markets. Futures fluctuated between gains…

Read Article

Oil tops $45 a barrel in London for the first time in 10 weeks

Wednesday, November 11, 2020, 6:56 AM MST

Oil rose above $45 a barrel in London for the first time in 10 weeks as financial markets continued to…

Read Article

Oil rises above $40 with vaccine buoying demand recovery hope

Tuesday, November 10, 2020, 6:44 AM MST

Oil extended gains, following Monday’s rally on optimism that a potential Covid-19 vaccine could boost a recovery in transport demand.…

Read Article

Energy leaders leave door open to more cuts as virus spikes

Tuesday, November 10, 2020, 6:37 AM MST

Saudi Arabia’s energy minister said Monday that global energy producers have the ability to tweak an agreement on production cuts…

Read Article

Vermilion Energy reports $69.9M third quarter loss, sales down from year ago

Tuesday, November 10, 2020, 6:30 AM MST

Vermilion Energy Inc. says it lost $69.9 million in its third quarter compared with a loss of $10.2 million in…

Read Article

Headwater Exploration signs $100M deal to buy Cenovus's Marten Hills assets

Monday, November 9, 2020, 7:19 AM MST

Headwater Exploration Inc. has signed a deal with Cenovus Energy Inc. to buy Cenovus's assets in the Marten Hills area…

Read Article

Oil jumps by most since June on COVID vaccine progress

Monday, November 9, 2020, 6:59 AM MST

Oil in London jumped by the most since June as Pfizer Inc. reported a potential COVID-19 vaccine breakthrough. Crude futures…

Read Article

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.