Markets & Investment

Oil gains with OPEC+ and BP seeing a strong demand recovery

Tuesday, April 27, 2021, 6:42 AM MDT

Oil climbed amid signs for demand is improving, even as Covid-19 flare-ups in India and other nations dragged on the…

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AltaGas sells non core U.S. natural gas transport and storage assets for $344 million

Tuesday, April 27, 2021, 6:21 AM MDT

Shares in AltaGas Ltd. are on the rise after it announced it has sold its U.S. transportation and storage business…

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Collaboration key to meeting resource sector sustainability goals

Monday, April 26, 2021, 1:13 PM MDT

In central Alberta, just outside the farming community of Lacombe, exists a unique collaboration between a greenhouse vegetable grower and a private natural…

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Exxon investors warned by activist fund on climate risks: Financial Times

Monday, April 26, 2021, 6:35 AM MDT

Exxon Mobil Corp. is being warned by activist hedge fund Engine No. 1 it faces an “existential business risk” by…

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Big Oil sees cash rolling in, but investors won’t get it yet

Monday, April 26, 2021, 6:31 AM MDT

After one of the most difficult years in the oil industry’s history, crude prices have recovered and major producers are…

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Oil buckles under pressure from India’s Covid-19 resurgence

Monday, April 26, 2021, 6:22 AM MDT

Oil fell as India’s worsening Covid-19 crisis weighed on the near-term outlook for demand ahead of a key OPEC+ meeting…

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Oil pares gain with market weighing mixed demand signals

Friday, April 23, 2021, 6:17 AM MDT

Oil pared an earlier gain as investors assessed a patchwork recovery in energy demand, with signs of a rebound from…

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Oil extends losing run on record-breaking virus cases in India

Thursday, April 22, 2021, 6:15 AM MDT

West Texas Intermediate slipped 0.6 per cent following a 2.1 per cent decline on Wednesday, when U.S. government data showed…

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Historic oil glut amassed in the pandemic almost gone

Wednesday, April 21, 2021, 6:25 AM MDT

The unprecedented oil inventory glut that amassed during the coronavirus pandemic is almost gone, underpinning a price recovery that’s rescuing…

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Oil drops on resurgent virus, reported build in U.S. stockpiles

Wednesday, April 21, 2021, 6:21 AM MDT

Oil fell amid concern that a resurgent virus will hurt demand in some economies, while industry data showed a slight…

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Hedging a “$7.6 billion lifeline” for North American producers in 2020 – new report

Tuesday, April 20, 2021, 6:57 AM MDT

Evaluate Energy’s latest report shows that 72 U.S. and Canadian companies gained a combined $7.6 billion thanks to settled oil…

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Oil marks anniversary of crash below zero with rally above $64

Tuesday, April 20, 2021, 6:31 AM MDT

Oil jumped above $64 a barrel, a year to the day after futures for the U.S. benchmark collapsed below zero,…

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