Markets & Investment

Oil sinks further to test OPEC’s resolve amid demand concerns

Thursday, September 1, 2022, 6:32 AM MDT

Oil fell for a third day as demand concerns continue to escalate and the dollar rose, joining a selloff of…

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Oil heading for longest slump since 2020 amid growth concerns

Wednesday, August 31, 2022, 6:34 AM MDT

Oil headed for a third monthly drop, the longest losing run in more than two years, on concern that tighter…

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Alberta on track for $13.2B surplus, Kenney says ahead of fiscal update

Wednesday, August 31, 2022, 6:18 AM MDT

Alberta Premier Jason Kenney says the province is on track for a $13.2-billion surplus in this budget year. It's an…

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Oil retreats from biggest gain in six weeks amid supply angst

Tuesday, August 30, 2022, 6:37 AM MDT

Oil moved below $96 a barrel, retreating from its biggest gain in more than a month as traders weighed potential…

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RBC climate action mild enough to pass Texas fossil fuel test

Tuesday, August 30, 2022, 6:31 AM MDT

RBC's climate policies have been deemed mild enough to pass a Texas test on whether banks are boycotting oil and gas companies. State Comptroller…

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Oil edges higher as supply concerns eclipse Fed’s rate stance

Monday, August 29, 2022, 6:17 AM MDT

Oil climbed as traders weighed risks to the supply outlook against pledges from leading central banks to raise interest rates…

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Oil set for weekly gain on tighter supply before Powell speech

Friday, August 26, 2022, 6:46 AM MDT

Oil was on track for a weekly gain amid a tightening supply outlook, with investor attention turning to a key…

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Competition Bureau reaches deal with Parkland and Federated Co-operatives

Friday, August 26, 2022, 6:12 AM MDT

Parkland Corp. and Federated Co-operatives Ltd. have signed agreements with the Competition Bureau, which had raised concerns about their acquisition…

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Oil holds gains with signs pointing to tightening global market

Thursday, August 25, 2022, 6:40 AM MDT

Oil held gains as falling US stockpiles and the possibility of OPEC+ cutting output heighten the prospects of an increasingly…

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Prairie provinces leading on economic growth, a new report says

Thursday, August 25, 2022, 6:32 AM MDT

The Conference Board of Canada says the Prairie provinces will likely be the top economic performers this year, even as…

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Russia may step up fuel exports to Asia as EU curbs tighten

Wednesday, August 24, 2022, 6:50 AM MDT

Russia may try to push greater volumes of a key oil product into Asia, possibly blending some with crude oil,…

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Ontario energy minister asks for sped up delivery of natural gas moratorium report

Wednesday, August 24, 2022, 6:41 AM MDT

Ontario’s energy minister said Tuesday he doesn’t think the province needs any more natural gas generation and asked the electricity…

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