Markets & Investment


Oil gains after report of surprise drop in U.S. crude stocks

Wednesday, September 16, 2020, 6:42 AM MDT

Oil extended gains to trade near $39 a barrel in New York, buoyed by an industry report of a surprise…

Read Article


Oil rises with China economic data countering demand fears

Tuesday, September 15, 2020, 6:38 AM MDT

Oil rose as data showed China’s economic recovery from the coronavirus crisis is gathering strength, offsetting a bleak assessment of…

Read Article


IEA says oil market more fragile as resurgent virus hurts demand

Tuesday, September 15, 2020, 6:32 AM MDT

The outlook for global oil markets has grown “even more fragile” as a resurgent pandemic derails the recovery in demand,…

Read Article


Oil falls near $37 with demand in focus before OPEC+ meeting

Monday, September 14, 2020, 6:44 AM MDT

Oil fell to near $37 a barrel in New York while a slew of downbeat predictions from OPEC to BP…

Read Article


BP says the era of oil-demand growth is over

Monday, September 14, 2020, 6:33 AM MDT

BP plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of…

Read Article


Energy sector looking for aid and regulation delays as throne speech looms

Monday, September 14, 2020, 6:18 AM MDT

Canada's fossil-fuel sector is looking to this month's Throne Speech for signs the federal government is not throwing in the…

Read Article


Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer

Monday, September 14, 2020, 6:11 AM MDT

Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company…

Read Article


Oil set for first back-to-back weekly losses since April’s rout

Friday, September 11, 2020, 6:53 AM MDT

Oil headed for its first back-to-back weekly losses since April’s price rout, driven by a sharp slump in risk sentiment…

Read Article


Cold winter forecasts have traders hoping LNG rally lives on

Friday, September 11, 2020, 6:27 AM MDT

The world’s natural gas traders are hoping for a brutal winter to help sustain a price rally back from a…

Read Article


Wilks Brothers formalizes Calfrac takeover offer ahead of vote on restructuring plan

Friday, September 11, 2020, 6:12 AM MDT

Texas-based Wilks Brothers LLC says it is making formal the $26.1-million takeover bid for Calfrac Well Services Ltd. it proposed…

Read Article


Oil drops after report shows U.S. stockpiles set to rise

Thursday, September 10, 2020, 7:10 AM MDT

Futures in New York fell below $38 a barrel after rising 3.5 per cent Wednesday. The American Petroleum Institute reported…

Read Article


Alberta First Nations invest in power project; loan backed by Alberta government

Thursday, September 10, 2020, 6:21 AM MDT

Six Alberta First Nations are investing $93 million for an equity stake in a new natural gas power plant. Their…

Read Article