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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
