Markets & Investment
Tamarack Valley to acquire Deltastream
Monday, September 12, 2022, 6:18 AM MDT
Tamarack Valley Energy Ltd. has entered into a definitive agreement to acquire Deltastream Energy Corporation, a privately held pure-play Clearwater…
EU nations seek joint approach to contain energy prices
Friday, September 9, 2022, 6:46 AM MDT
The European Union on Friday intensified its mission to shield the population from dramatically increasing energy prices that threaten to…
Oil pares weekly decline spurred by China demand concerns
Friday, September 9, 2022, 6:31 AM MDT
Oil pared some of its second consecutive weekly loss, casting relief at the end of a week burdened by demand…
Oil holds loss after 6% dive on demand, China concerns
Thursday, September 8, 2022, 6:58 AM MDT
Oil steadied after slumping Wednesday with investors assessing global demand as China pushes on with its Covid Zero policy and…
Natural gas buyers hoarding fuel at sea to prepare for winter
Thursday, September 8, 2022, 6:46 AM MDT
Energy traders and power utilities are storing more liquefied natural gas at sea, an unusual move to hoard supply for…
Oil fluctuates as Russia threat vies with dollar’s strength
Wednesday, September 7, 2022, 6:39 AM MDT
Oil switched between gains and losses after Russian President Vladimir Putin underlined that his country won’t supply oil and fuel…
OPEC+ agrees to make token supply cut to steady oil market
Tuesday, September 6, 2022, 6:53 AM MDT
OPEC+ agreed to make a token oil supply cut for October, a surprise move that shows the alliance is seeking…
Oil’s OPEC+ rally cools with China growth worries lingering
Tuesday, September 6, 2022, 6:45 AM MDT
Oil fell, with a post-OPEC+ meeting rally fizzling out, as traders weighed the group’s output cut as well as further…
Oil’s rough week ends with rebound on OPEC+ risk, Iran setback
Friday, September 2, 2022, 6:25 AM MDT
Oil rose on Friday – paring a hefty weekly decline – before an OPEC+ meeting on supply at which Saudi…
Oil sinks further to test OPEC’s resolve amid demand concerns
Thursday, September 1, 2022, 6:32 AM MDT
Oil fell for a third day as demand concerns continue to escalate and the dollar rose, joining a selloff of…
Oil heading for longest slump since 2020 amid growth concerns
Wednesday, August 31, 2022, 6:34 AM MDT
Oil headed for a third monthly drop, the longest losing run in more than two years, on concern that tighter…
Alberta on track for $13.2B surplus, Kenney says ahead of fiscal update
Wednesday, August 31, 2022, 6:18 AM MDT
Alberta Premier Jason Kenney says the province is on track for a $13.2-billion surplus in this budget year. It's an…