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HomeFinancial

Financial

oil prices
Financial

Oil prices fall as investors grow wary of rising US output

January 30, 2018 Energi Staff

Oil prices fell in trading on Tuesday on a rising US dollar and increasing US crude production.  US oil prices down 1.5 per cent Oil prices fell for a second day on Tuesday on concerns [Read more]

oil prices
Financial

Oil prices slip, but set for highest January gain in five years

January 29, 2018 Energi Staff

Oil prices slipped in trading on Monday as the US dollar recovered from last week’s losses. QEP Resources photo. Oil prices down 1.5 per cent Monday Oil prices fell over one per cent as a [Read more]

oil prices
Financial

Oil prices steady, set for weekly gains on weak US dollar

January 26, 2018 Energi Staff

Oil prices rose slightly in trading on Friday due to a weakening US dollar. Linn Energy photo. WTI oil prices hit highest level since Dec. 2014 on Thursday Oil prices rose on Friday after hitting [Read more]

oil prices
Financial

Oil prices top $71 on tightening supply and weak US dollar

January 25, 2018 Energi Staff

Oil prices rose in early trading Thursday with Brent crude hitting $71.20/barrel.  As trading continued, the benchmark eased back but stayed above $70/barrel. Brent oil prices ease back after hitting $71.20/barrel early in session Early [Read more]

conventional
Financial

Oil mixed after 10th straight drop in US crude stocks

January 24, 2018 Energi Staff

Oil prices were mixed in trading on Wednesday, despite a decline in US crude stocks and a drop in the value of the US dollar. ConocoPhillips photo. WTI oil prices rise to highest level since [Read more]

oil prices
Financial

North American oil/gas companies hedging production for stronger returns – IHS Markit

January 24, 2018 Markham Hislop

Investor push for greater capital discipline and stronger returns driving strategy shifts in exploration and production sector Nodding to increased investor pressure to deliver cash flow neutrality and stronger corporate returns, North American exploration and [Read more]

oil prices
Financial

Oil prices up, Brent tops $70/barrel during session

January 23, 2018 Energi Staff

Oil prices rose in trading on Tuesday on rising demand and strengthening economy. Anadarko photo. Oil prices rise over 1 per cent Tuesday Oil prices rose over one per cent and Brent crude topped $70/barrel [Read more]

oil prices
Financial

Oil prices up slightly despite strong US dollar, concerns price rally out of steam

January 22, 2018 Energi Staff

Oil prices rose slightly in seesaw trading on Monday. Anadarko photo. Oil prices impacted by restart of production from As-Sarah fields in Libya Oil prices seesawed in trading on Monday as the US dollar pared [Read more]

oil prices
Financial

Oil prices mixed despite large draw in US crude stocks

January 18, 2018 Energi Staff

Oil prices were mixed in trading on Thursday after the US EIA reported a significant drawdown in US crude stocks. Encana photo. Oil prices recover after slipping below $69/barrel Thursday Oil prices rebounded after slipping [Read more]

oil prices
Financial

Oil prices up slightly as traders await delayed US crude inventory data

January 17, 2018 Energi Staff

Oil prices rose on Wednesday slightly as analysts await data reports from the API and EIA. ConocoPhillips photo. Oil prices up more than 50 per cent since June 2017 On Wednesday, oil prices rose slightly [Read more]

oil sands
Financial

Suncor Energy continues record production to close out 2017

January 17, 2018 Markham Hislop

Suncor resolved a long standing dispute and gained additional working interest in an oilsands project from Total Suncor provided a business update for fourth quarter of 2017, highlighting upstream production of 736,000 barrels of boe/d, [Read more]

GDP
Financial

Oil prices dip on profit taking, but strong demand underpins market

January 16, 2018 Energi Staff

Alexander Novak says rises in oil prices could be due to cold winter On Tuesday, oil prices fell from three year highs on profit taking, but healthy demand and the OPEC supply cut agreement helped [Read more]

oil prices
Financial

Oil prices up slightly on signs OPEC cuts are tightening market

January 15, 2018 Energi Staff

Oil prices sit near three-year highs Oil prices rose slightly on Monday as supply cuts by OPEC and some non-OPEC members participating in the cartel’s output reduction pact have helped tighten the market. By 1:41 [Read more]

Oil prices
Financial

Oil prices steady, set for fourth straight week of gains

January 12, 2018 Energi Staff

Oil prices up slightly Friday Oil prices rose slightly on Friday and are on track for a fourth straight week of gains, but fell short of a three-year high posted on Thursday. By 12:40 p.m. [Read more]

Financial

Oil prices rise to 2014 levels, driven by falling US crude stocks

January 11, 2018 Energi Staff

Oil prices up on surprise drop in US production, US crude stocks On Thursday, oil prices reached their highest levels since 2014 as the global crude market continued to tighten and OPEC pact participants said [Read more]

Financial

Trinidad Drilling laying off employees, cutting executive salaries to reduce expenses

January 11, 2018 Markham Hislop

Trinidad says it aims to become drilling company with lowest cost structure among competition Calgary-based Trinidad Drilling is lowering its 2018 general and administrative expenses to $43 million following a thorough review of its cost [Read more]

oil prices
Financial

Oil prices rise on higher-than-expected drop in US crude stocks

January 10, 2018 Energi Staff

Oil prices up more than 13 per cent since early December Oil prices rose on Wednesday after data from the US Energy Information Administration showed crude stocks in the United States fell more than analysts [Read more]

Financial

Oil prices rise, WTI hits three-year high on expectations of US crude stock drop

January 9, 2018 Energi Staff

Oil prices rise as OPEC cuts more output than promised Oil prices rose on Tuesday to levels not seen since December 2014 on the OPEC supply cut pact and analysts’ expectations of a decline in [Read more]

No Picture
Financial

Oil prices steady as higher US production offset Middle East tensions

January 8, 2018 Energi Staff

Major factor in oil prices for 2018 will be OPEC v. shale: Analyst Oil prices were steady on Monday as analysts and investors weighed political concerns in Iran and Saudi Arabia against rising US oil [Read more]

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In the Spotlight

“Cost and Carbon Competitiveness” was an Alberta rallying cry for years. What happened?

by Markham Hislop in Markham on Energy

Reducing methane emissions to zero is important for Canada’s competitiveness as global markets increasingly price carbon For all the noise surrounding climate policy, this is the rare file where ideology doesn’t change the physics, and [Read more]

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