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…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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…
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…
