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…

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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…

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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…

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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…

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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…

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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…

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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…

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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.…

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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…

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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…

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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…

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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…

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