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…

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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…

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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…

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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.…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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.…

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