Markets & Investment
Oil near $41 with IEA warning on outlook, OPEC+ edging to accord
Thursday, November 12, 2020, 6:40 AM MST
Oil steadied as the International Energy Agency warned the coronavirus vaccine breakthrough won’t quickly revive markets. Futures fluctuated between gains…
Oil tops $45 a barrel in London for the first time in 10 weeks
Wednesday, November 11, 2020, 6:56 AM MST
Oil rose above $45 a barrel in London for the first time in 10 weeks as financial markets continued to…
Oil rises above $40 with vaccine buoying demand recovery hope
Tuesday, November 10, 2020, 6:44 AM MST
Oil extended gains, following Monday’s rally on optimism that a potential Covid-19 vaccine could boost a recovery in transport demand.…
Energy leaders leave door open to more cuts as virus spikes
Tuesday, November 10, 2020, 6:37 AM MST
Saudi Arabia’s energy minister said Monday that global energy producers have the ability to tweak an agreement on production cuts…
Vermilion Energy reports $69.9M third quarter loss, sales down from year ago
Tuesday, November 10, 2020, 6:30 AM MST
Vermilion Energy Inc. says it lost $69.9 million in its third quarter compared with a loss of $10.2 million in…
Headwater Exploration signs $100M deal to buy Cenovus's Marten Hills assets
Monday, November 9, 2020, 7:19 AM MST
Headwater Exploration Inc. has signed a deal with Cenovus Energy Inc. to buy Cenovus's assets in the Marten Hills area…
Oil jumps by most since June on COVID vaccine progress
Monday, November 9, 2020, 6:59 AM MST
Oil in London jumped by the most since June as Pfizer Inc. reported a potential COVID-19 vaccine breakthrough. Crude futures…
Oil drops below $38 on surging virus, close U.S. election race
Friday, November 6, 2020, 6:49 AM MST
Oil fell a second day, dropping below $38 a barrel in New York, as a surging coronavirus and uncertain U.S.…
Oil slips with Biden on the brink of victory in U.S. election
Thursday, November 5, 2020, 6:33 AM MST
Oil snapped three days of gains, with Democratic nominee Joe Biden on the brink of a narrow victory in the…
Canadian Natural Resources reports $408 million third quarter profit
Thursday, November 5, 2020, 6:12 AM MST
Canadian Natural Resources Ltd. says it earned a third-quarter profit of $408 million, down from nearly $1.03 billion in the…
Tourmaline Oil buys two privately held oil and gas firms
Thursday, November 5, 2020, 6:09 AM MST
Tourmaline Oil Corp. says it is buying two privately held oil and gas companies producing 76,000 barrels of oil equivalent…
Shale CEO backs stand-alone view, says peer deals ‘self-serving’
Wednesday, November 4, 2020, 7:21 AM MST
Diamondback Energy Inc. hasn’t participated in the latest wave of shale mergers and acquisitions, and its chief executive officer told…
