Markets & Investment
Vancouver is cut off by road, rail after ‘extraordinary’ storms
Thursday, November 18, 2021, 7:03 AM MST
Vancouver is cut off from the rest of the country by land after days of storms caused flooding and mudslides…
Oil dips from six-week low with China working on reserve release
Thursday, November 18, 2021, 6:36 AM MST
Oil edged lower, extended declines from a six-week low, as China said that it’s carrying out work on a release…
Scale of oil’s swing to surplus is Next Year’s big market puzzle
Wednesday, November 17, 2021, 6:39 AM MST
The oil market is about to swing into a healthy supply surplus if the world's big international energy forecasters are…
Oil dips as traders mull potential strategic-reserve releases
Wednesday, November 17, 2021, 6:30 AM MST
Oil traded near $80 with the market’s gaze still centered on the chances of the U.S. and China tapping their…
IEA says end of oil price rally in sight as output recovers
Tuesday, November 16, 2021, 6:49 AM MST
The tightness in global oil markets that propelled prices to a seven-year high is starting to ease as production recovers…
Oil edges above $81 though IEA cautions the rally may soon end
Tuesday, November 16, 2021, 6:28 AM MST
Oil rose above $81/bbl in New York as investors waited to see whether the U.S. will release crude from emergency…
Permian oil production expected to set a record in December
Tuesday, November 16, 2021, 6 AM MST
Oil output in the Permian Basin is projected to hit a record as the largest U.S. shale patch leads the…
Saudis, UAE signal OPEC+ will resist U.S. calls for more oil
Monday, November 15, 2021, 6:57 AM MST
Saudi Arabia and the United Arab Emirates signalled OPEC+ will continue raising oil output cautiously and won’t bow to U.S.…
Oil declines as Biden faces mounting calls for an SPR release
Monday, November 15, 2021, 6:51 AM MST
Oil fell as U.S. President Joe Biden faced more calls to tap the Strategic Petroleum Reserve to tackle surging gasoline…
Oil on longest weekly run of drops since March amid SPR pressure
Friday, November 12, 2021, 6:33 AM MST
Oil headed for its longest run of weekly losses since March as President Joe Biden kept investors guessing about whether…
Brookfield Asset Management reports Q3 profit up from year ago
Friday, November 12, 2021, 6:09 AM MST
Brookfield Asset Management Inc. reported its third-quarter more than quadrupled compared with a year ago, boosted by continued growth and…
Oil edges lower with U.S. forecasting weaker balance next year
Wednesday, November 10, 2021, 6:38 AM MST
Oil slipped after a U.S. government report forecast oversupply next year, cooling expectations for an emergency stockpiles release. West Texas…
