Tag: Oil
Russian President Putin says talks with Ukraine have reached a dead end. A separate Sky News headline said Putin warned Russia would not stop the aggression in Ukraine until …
Oil prices remained fairly stable this week, with ICE Brent balancing slightly above the $100 per barrel mark. Fears of Russian supply disruptions were temporarily put on the back …
Wet’suwet’en Chiefs Namoks, left, Madeek, centre, and Gisdywa traveled to confront and protest Royal Bank of Canada’s funding of Coastal GasLink pipeline and other fossil fuel investments in Toronto …
The Biden Administration’s insistence that oil companies are ripping off Americans at the pump while lining their own pockets culminated in this week’s hearing at the House Committee on …
The S&P 500 ended higher on Thursday, with Pfizer and Tesla fueling a late-session rally while investors eyed the war in Ukraine and a potentially more aggressive Federal Reserve. …
Markets Although the tape is incredibly messy, US stocks were supported by a limited rise in real yields, stable earnings expectations and some retracement in energy prices. The first-quarter …
Markets US equities fell Thursday, S&P down 0.6%, heading into the close. Europe’s Stoxx600 down 1.7%. US10yr yields up another 3bps to 1.968%. Bunds up 6bps after ECB went …
US equities were weaker Wednesday, S&P down 1.0%. US 2s10s steepened further, with 10yr yields up 5bps to 2.6%, highest in three years, 2yrs down 5bps to 2.47%. Oil …
MARKETS US equities fell Tuesday, S&P down 1.3%. US10yr yields up 15bps to 2.55% after Fed Governor Brainard quoted Paul Volcker on runaway inflation and called for a rapid …
Cenovus CEO Alex Pourbaix speaks at a news conference in Calgary on Jan. 30, 2020.Jeff McIntosh/The Canadian Press Cenovus Energy Inc. CVE-T is taking an estimated $1.38-billion hit to …
Suncor Energy Inc. is divesting its solar and wind assets, turning its focus instead to hydrogen and renewable fuels. The decision to ditch its renewable power assets spells the …
This week, the Biden administration revealed that it will release as much as 180 million barrels of crude oil in a bid to calm oil prices, which have remained …