Markets & Investment
Court orders recalculation of $1.4 billion in damages, supports Dow in Nova lawsuit
Friday, September 18, 2020, 6:35 AM MDT
Both sides are welcoming an Alberta Court of Appeal ruling that supports a trial judge decision in favour of Dow…
Oil falls after Libyan warlord says exports can resume
Friday, September 18, 2020, 6:28 AM MDT
Oil fell on Friday, paring its biggest weekly gain since June, as Libyan military commander Khalifa Haftar said he will…
Oil steadies before OPEC+ review meeting on tackling oversupply
Thursday, September 17, 2020, 6:42 AM MDT
Oil steadied after its biggest surge since June as the OPEC cartel and its partners prepared to assess a downbeat…
An oil giant’s case for peak demand, even without climate heroics
Thursday, September 17, 2020, 6:30 AM MDT
One of the biggest international oil companies has concluded that oil consumption will peak this decade. That’s the main takeaway…
Oil gains after report of surprise drop in U.S. crude stocks
Wednesday, September 16, 2020, 6:42 AM MDT
Oil extended gains to trade near $39 a barrel in New York, buoyed by an industry report of a surprise…
Oil rises with China economic data countering demand fears
Tuesday, September 15, 2020, 6:38 AM MDT
Oil rose as data showed China’s economic recovery from the coronavirus crisis is gathering strength, offsetting a bleak assessment of…
IEA says oil market more fragile as resurgent virus hurts demand
Tuesday, September 15, 2020, 6:32 AM MDT
The outlook for global oil markets has grown “even more fragile” as a resurgent pandemic derails the recovery in demand,…
Oil falls near $37 with demand in focus before OPEC+ meeting
Monday, September 14, 2020, 6:44 AM MDT
Oil fell to near $37 a barrel in New York while a slew of downbeat predictions from OPEC to BP…
BP says the era of oil-demand growth is over
Monday, September 14, 2020, 6:33 AM MDT
BP plc said the relentless growth of oil demand is over, becoming the first supermajor to call the end of…
Energy sector looking for aid and regulation delays as throne speech looms
Monday, September 14, 2020, 6:18 AM MDT
Canada's fossil-fuel sector is looking to this month's Throne Speech for signs the federal government is not throwing in the…
Calfrac delays vote on recapitalization plan to Sept. 29 after Wilks Brothers offer
Monday, September 14, 2020, 6:11 AM MDT
Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company…
Oil set for first back-to-back weekly losses since April’s rout
Friday, September 11, 2020, 6:53 AM MDT
Oil headed for its first back-to-back weekly losses since April’s price rout, driven by a sharp slump in risk sentiment…
