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…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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…
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.…
