Markets & Investment

Pembina terminates Inter Pipeline takeover offer

Monday, July 26, 2021, 5:58 AM MDT

Pembina Pipeline Corp. terminated its $8.5 billion agreement to acquire Inter Pipeline Ltd. after Brookfield Infrastructure Partners LP raised its…

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Oil set to end week steady as three-day rally recoups rout

Friday, July 23, 2021, 6:23 AM MDT

Oil was set to end the week roughly where it started, having recouped most of a rout on Monday with…

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Calgary's downtown office vacancy rate hits new high; on track to surpass 30 per cent

Friday, July 23, 2021, 6:09 AM MDT

Calgary’s downtown office vacancy rate is on track to top 30 per cent and potentially reach a level unseen in…

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Oil rises after biggest gain in three months on demand recovery

Thursday, July 22, 2021, 6:13 AM MDT

Oil edged higher, holding the biggest gain in three months, amid expectations that recovering demand will soon tighten global markets.…

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Oil rises with strength in equities countering higher stockpiles

Wednesday, July 21, 2021, 6:42 AM MDT

Oil reversed losses, resuming its recovery from a rout earlier in the week as sentiment firmed in wider markets. West…

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Upstream oil & gas M&A rises to $35 billion in Q2

Wednesday, July 21, 2021, 6:31 AM MDT

A series of high value mergers in the U.S. Permian Basin led to a sharp increase in global upstream deal…

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Oil holds near eight-week low after selloff on delta concern

Tuesday, July 20, 2021, 6:15 AM MDT

Brent oil steadied after a coronavirus-driven washout on Monday that saw prices tumble to an eight-week low. Futures in London…

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OPEC+ makes deal to boost output as Gulf allies call truce

Monday, July 19, 2021, 6:15 AM MDT

OPEC and its allies struck a deal to inject more oil into the recovering global economy, overcoming an internal split…

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Oil retreats with OPEC+ deal to boost supply, threat from delta

Monday, July 19, 2021, 6:03 AM MDT

Oil in London declined to the lowest level in five weeks after OPEC+ agreed to boost production into 2022, while…

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Oil heads for biggest weekly loss since march on virus comeback

Friday, July 16, 2021, 5:32 AM MDT

Oil headed for the biggest weekly loss since mid-March as a resurgence of Covid-19 threatened the outlook for global fuel…

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OPEC sees gradual recovery in demand for its oil into next year

Thursday, July 15, 2021, 6:30 AM MDT

OPEC forecast a gradual recovery in demand for its crude this year and next, as the group closes in on…

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Oil drops for second day after surprise jump in gasoline stocks

Thursday, July 15, 2021, 6:17 AM MDT

A day after a surprise jump in U.S. gasoline stockpiles tempered signs that the American market has returned to robust…

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