Markets & Investment

Cautious optimism rules oilpatch as fourth quarter reporting season dawns

Thursday, January 28, 2021, 6:24 AM MST

Canada’s oil and gas producers are expected to maintain spending discipline in 2021 as optimism from stronger oil prices is…

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Oil steady with market structure pointing to tight global supply

Wednesday, January 27, 2021, 6:14 AM MST

Oil steadied near $53 a barrel as signs of tightening supplies around the world offset concerns over the pandemic’s latest…

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Calgary-based Enerplus raises its bets on North Dakota oil play with US$465M takeover

Wednesday, January 27, 2021, 6:07 AM MST

Enerplus Corp. is increasing its bets on the Bakken light oil region in North Dakota through the purchase of a…

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Oil steady near $53 as demand fears mingle with tighter supply

Tuesday, January 26, 2021, 6:32 AM MST

Oil traded near $53 a barrel in New York as concerns over the pandemic’s latest hit to demand were tempered…

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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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