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…

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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…

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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…

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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…

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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…

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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…

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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,…

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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…

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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…

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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…

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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…

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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…

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