Markets & Investment

IEA says oil market recovery still fragile as virus persists

Thursday, February 11, 2021, 6:36 AM MST

The re-balancing of global oil markets remains “fragile” amid weaker estimates for demand and a recovery in supplies, the International…

Read Article

Oil edges lower after posting longest run of gains in two years

Thursday, February 11, 2021, 6:20 AM MST

Oil edged lower after capping the longest run of gains in two years, as the IEA cautioned that the recovery…

Read Article

Brookfield Infrastructure Partners makes bid to take Inter Pipeline private

Thursday, February 11, 2021, 6:13 AM MST

Brookfield Infrastructure Partners LP has made an unsolicited offer to take Inter Pipeline Ltd. private with a proposal to buy the…

Read Article

Oil extends longest rising streak in two years as stocks drain

Wednesday, February 10, 2021, 6:49 AM MST

Oil rose again to extend the longest run of gains in two years with an industry report showing falling U.S.…

Read Article

Oil near $60 with rally on tighter market grinding to a halt

Tuesday, February 9, 2021, 6:30 AM MST

Oil erased earlier gains, but remained above $60 a barrel in London, on signs that a recent rally in headline…

Read Article

Brent oil tops $60 as demand recovers after COVID-19 devastation

Monday, February 8, 2021, 6:11 AM MST

Oil in London rose above $60 a barrel for the first time in more than a year as stockpiles tighten…

Read Article

Oil climbs within sight of $60 with global supplies tightening

Friday, February 5, 2021, 6:27 AM MST

Oil rose toward $60 a barrel in London as supplies continue to tighten while the demand outlook improves with the…

Read Article

Shell deepens Big Oil’s disappointment with earnings miss

Thursday, February 4, 2021, 6:34 AM MST

Royal Dutch Shell plc deepened the disappointment of Big Oil’s fourth quarter, reporting net income that fell short of expectations…

Read Article

Oil moves ever closer toward $60 with inventories in retreat

Thursday, February 4, 2021, 6:24 AM MST

Oil prices continued their surge in the world’s major trading centers, fortified by shrinking stockpiles and continued investor optimism the…

Read Article

Hit by pandemic, oil giants Exxon, BP post huge 2020 losses

Wednesday, February 3, 2021, 6:10 AM MST

Oil giants Exxon and BP reported staggering losses for 2020 on Tuesday as the pandemic crushed energy demand and undercut oil…

Read Article

Industry unclear on governments’ role in advancing ESG integration

Wednesday, February 3, 2021, 6 AM MST

The energy industry has mixed views on how successful the federal and Alberta governments have been in advancing Canada’s sustainability…

Read Article

BP’s weak quarter shows big oil has barely begun COVID recovery

Tuesday, February 2, 2021, 6:53 AM MST

BP plc offered more evidence that Big Oil has barely begun to heal the wounds from last year’s historic slump.…

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.