Markets & Investment

Oil drops for third day as China delta outbreak threatens demand

Wednesday, August 4, 2021, 6:13 AM MDT

Oil declined for a third day as the coronavirus spread in Asia, particularly China, continued to threaten demand. West Texas…

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Renewable investment rose to a record in first half

Tuesday, August 3, 2021, 7:16 AM MDT

Investors poured more money than ever into renewable energy in the first half of the year, but the pace is…

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ConocoPhillips beats estimates, posts highest profit since 2018

Tuesday, August 3, 2021, 7:02 AM MDT

ConocoPhillips beat estimates as rising commodity prices led America’s biggest independent oil producer to the highest profit in nearly three…

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Oil rises with equities even as concerns over Delta persist

Tuesday, August 3, 2021, 6:43 AM MDT

Oil reversed earlier losses as sentiment improved in broader markets even though the spread of the delta coronavirus variant, including…

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Oil heads for weekly gain as tighter supplies offset virus fears

Friday, July 30, 2021, 6:21 AM MDT

Oil headed for a second weekly gain as signs of tighter supplies helped assuage fears over the resurgent pandemic’s threat…

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TC Energy in dispute with LNG Canada; could delay construction of Coastal GasLink

Thursday, July 29, 2021, 4 PM MDT

The completion of the Coastal GasLink pipeline could be delayed if TC Energy cannot resolve an ongoing dispute with LNG…

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Shell raises dividend and starts $2 billion share buyback

Thursday, July 29, 2021, 6:36 AM MDT

Royal Dutch Shell plc raised its dividend by almost 40 per cent and said it will buy back $2 billion…

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Oil extends gain from two-week high as U.S. stockpiles decline

Thursday, July 29, 2021, 6:16 AM MDT

Oil extended gains from a two-week high after U.S. crude and fuel stockpiles posted strong declines, signaling peak summer demand…

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Brookfield seeks $12.5 billion for new impact fund

Wednesday, July 28, 2021, 6:51 AM MDT

Brookfield Asset Management Inc. said it has raised $7 billion for the initial close of its new impact investment fund,…

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Oil rises amid signs of drop in U.S. stockpiles, dollar move

Wednesday, July 28, 2021, 6:20 AM MDT

Oil rose in New York after an industry report pointed to a decline in U.S. fuel and crude stockpiles, while…

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Oil steadies while virus resurgence casts shadow over demand

Tuesday, July 27, 2021, 6:08 AM MDT

Oil steadied as investors assessed the outlook for global demand amid a resurgence in COVID-19 that’s leading to tighter restrictions.…

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Oil resumes decline with demand outlook clouded by Delta spread

Monday, July 26, 2021, 6:29 AM MDT

Oil headed for the first decline in five days as investors assessed the outlook for demand amid a resurgence in…

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