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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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.…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.