Markets & Investment

U.S. and Canada dominate in Q4 – new data

Tuesday, January 26, 2021, 6:12 AM MST

Deals in the United States and Canada were responsible for around 84% of the $93 billion in upstream deals agreed…

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Oil edges higher as market weighs supply cuts in Iraq, Libya

Monday, January 25, 2021, 6:55 AM MST

Oil in New York inched higher with investors assessing the impact of supply curbs from Iraq and Libya on the…

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Oil drops with spread of demand pessimism and firmer dollar

Friday, January 22, 2021, 6:33 AM MST

Oil fell near $52 a barrel as pessimism over demand spread with the coronavirus forcing more lockdowns, while a stronger…

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Oil falls below $53 with demand jitters from China to the U.S.

Thursday, January 21, 2021, 6:29 AM MST

Oil dipped below $53 a barrel in New York as the demand outlook in some of the world’s largest economies…

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Brent oil climbs above $56 with dollar swings dominating market

Wednesday, January 20, 2021, 6:26 AM MST

Brent oil extended gains above $56 a barrel, rising with other assets on hopes of more U.S. economic stimulus and…

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Trudeau vows to keep up the fight to sway U.S. on merits of Keystone XL pipeline

Tuesday, January 19, 2021, 6:17 PM MST

Canada won't stop trying to convince Joe Biden of the merits of Keystone XL, Prime Minister Justin Trudeau insisted Tuesday,…

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Canada looks to strengthen LNG credentials in 2021 with additional FIDs

Tuesday, January 19, 2021, 7:16 AM MST

Global demand for cleaner-burning natural gas has created a once-in-a-generation opportunity for Canada to develop an LNG industry. While that…

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IEA cuts oil demand forecast as new lockdowns temper recovery

Tuesday, January 19, 2021, 6:48 AM MST

The International Energy Agency lowered forecasts for global oil demand as renewed lockdowns to contain the pandemic temper the recovery expected…

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Brent oil rises on weaker dollar though IEA cuts demand outlook

Tuesday, January 19, 2021, 6:41 AM MST

Brent oil rose past $55 a barrel – with some assistance from a weaker dollar – even as the International Energy…

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Upstream deals reach US$43 billion

Tuesday, January 19, 2021, 6 AM MST

Five multibillion-dollar deals made Q4 2020 one of the highest value quarters for upstream M&A in recent memory, totalling US$43…

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Oil near $52 on still-surging virus and stronger dollar

Monday, January 18, 2021, 6:34 AM MST

Oil futures held steady, despite a stronger dollar and physical prices in Asia continuing to trade at weaker levels than…

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Oilpatch woes boost Calgary's downtown office vacancy rates to record levels

Monday, January 18, 2021, 5:38 AM MST

Vacancies in Calgary's downtown office towers have risen to record levels and there's no landlord relief in sight with almost…

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