Markets & Investment


Oil slips below $61 with dollar climbing and OPEC+ meeting ahead

Tuesday, March 30, 2021, 6:26 AM MDT

Oil fell beneath $61 a barrel in New York, hampered by a stronger dollar, as traders weighed risks to the…

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With ship now freed, a probe into Suez Canal blockage begins

Tuesday, March 30, 2021, 6:20 AM MDT

Experts boarded the massive container ship Tuesday that had blocked Egypt's vital Suez Canal and disrupted global trade for nearly…

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Ending Suez snarl-up still needs work as ship partly refloated

Monday, March 29, 2021, 6:44 AM MDT

A giant container ship blocking the Suez Canal has been partially re-floated, though there’s still significant work ahead to fully…

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Oil rises with market eyeing OPEC+ meeting, Suez Canal reopening

Monday, March 29, 2021, 6:31 AM MDT

Oil rose with traders looking ahead to an OPEC+ meeting this week and as salvage teams partially refloated the giant…

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'It's silly:' Director of Bigfoot movie thanks Alberta energy centre for controversy

Monday, March 29, 2021, 6:20 AM MDT

The director of a children's movie about Bigfoot wants to thank the Alberta government's energy centre for starting a “ludicrous''…

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Kenney says Alberta didn't prep carbon tax fallback plan, was hoping to win in court

Monday, March 29, 2021, 6:11 AM MDT

Alberta Premier Jason Kenney says his government didn't prepare a fallback plan on implementing a consumer carbon tax because they…

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Oil gains with broader markets while Suez impact limited

Friday, March 26, 2021, 6:44 AM MDT

Oil resumed gains, mirroring sentiment in broader markets, after a volatile few days that that saw prices swing wildly around…

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Egypt races to dislodge giant vessel blocking Suez Canal

Friday, March 26, 2021, 6:33 AM MDT

Tugboats and a specialized suction dredger worked Friday to dislodge a giant container ship that has been stuck sideways in…

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Saskatchewan to bring in own carbon price on fuel following SCOC decision: premier

Friday, March 26, 2021, 6:23 AM MDT

Saskatchewan, one of the biggest foes of a federal carbon tax, plans to charge one of its own after a…

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Supreme Court says the federal carbon price is constitutional

Thursday, March 25, 2021, 7:57 AM MDT

The Supreme Court of Canada says the federal carbon price is entirely constitutional. The split decision upholds a pivotal part…

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Energy seen as big winner after disastrous 2020

Thursday, March 25, 2021, 7:28 AM MDT

Energy companies spent the first quarter of 2021 recharging from a draining year. Wall Street expects that growth to continue…

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Oil retreats after surge with volatility rising amid Suez mishap

Thursday, March 25, 2021, 6:42 AM MDT

Oil retreated as traders monitored efforts to dislodge a massive ship blocking the Suez Canal, after two wild days that…

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