Oil prices teetered between gains and losses on Tuesday as the market weighed concerns about Tropical Storm Gordon against rising US crude inventories. National Hurricane Center image. Oil prices slip after early gains Oil prices [Read more]
Oil prices fell slightly on Friday as concerns about the impending US sanctions on Iranian crude were outweighed by anxiety over the ongoing trade war between the United States and China. Encana photo. Oil prices [Read more]
Oil prices were up over 1 per cent on Wednesday and Brent crude rose to its highest level in seven weeks after the US Energy Information Administration reported a drop in US crude stocks and [Read more]
Oil prices fell slightly on Tuesday after some investors took profits on last week’s gains, however, losses were limited on a US-Mexico trade announcement. Anadarko photo. Oil prices boosted by modest increase in OPEC+ production [Read more]
After gains last week, oil prices flattened on Monday after an OPEC monitoring committee announced rising production amongst members of the cartel’s supply cut pact and concerns over the escalating US – China trade war. [Read more]
Oil prices rose by over 1 per cent in trading on Friday on signs that the Trump administrations sanctions against Iranian crude exports could significantly limit the world’s oil supply. Linn Energy photo. Oil prices [Read more]
On Thursday, oil prices held their value after Wednesday’s gains on falling US crude stocks data. The ongoing trade war between the Trump administration and Beijing weighed down possible gains. BP photo. Oil prices underpinned [Read more]
Oil prices rose in trading on Friday as investors grew more concerned about tightening crude supplies on looming US sanctions against Iran and worldwide trade spats weighed down the market. Apache photo. Oil prices up [Read more]
Oil prices slipped on Thursday as the ongoing trade dispute between the United States and China continued to weigh on the market. Equinor photo. Oil prices settled slightly down from Wednesday’s values Oil prices fell [Read more]
Oil prices fell on Wednesday on escalating trade tensions between the the Trump administration and Beijing and data showing a drop in energy demand in China. Getty Images photo. Oil prices down over 3 per [Read more]
Oil prices rose on Tuesday on crude shortage concerns as the Trump administration’s deadline for sanctions on Iranian crude nears. Oil prices up after sanctions on Iranian goods, not crude, went into effect Oil prices [Read more]
Canadian Natural Resources Ltd., or CNRL, reported dramatically improved adjusted earnings in the second quarter of this year, beating analysts’ expectations. Company photo. CNRL dropping costs at Oil Sands Mining and Upgrading assets Canadian Natural [Read more]
According to second quarter financial reports from Canadian pipeline company TransCanada, the Calgary-based company’s profits fell by 11 per cent, but the results beat analysts’ expectations. Company photo. TransCanada profits down by 11 per cent [Read more]
Oil prices fell on Wednesday after the US Energy Information Administration reported a surprise increase in US crude stocks which fed concerns about a global oversupply of oil at a time when trade tensions are [Read more]
In its second quarter financial report, Encana says it delivered strong financial performance due to increased activity, streamlined efficiencies and rising oil prices. Company photo. Encana on track to grow annual production by over 30 [Read more]
Oil prices were down on Tuesday and are on track for their biggest monthly drop in two years on rising OPEC production and comments from US President Donald Trump that raised hopes that Iranian oil [Read more]
Baytex and Raging River Exploration entered into an agreement to merge the two companies in mid June. The deal is expected to close on August 22. Company photo. Baytex production up by 2 per cent [Read more]
US oil prices rose by almost two per cent on Monday as the market shifted its focus to supply disruptions and Trump administration sanctions on Iranian crude exports. Apache photo. Oil prices up even though [Read more]
“Suncor generated the strongest second quarter cash flow on record, with funds from operations of $2.9 billion and operating earnings of $1.2 billion,” said Steve Williams, president and chief executive officer. Getty Images photo. Suncor total upstream production [Read more]
Precision Drilling says it has reached its highest US market share to date and is reporting 14 per cent higher activity in the second quarter of this year compared to the same period in 2017. [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
Get the eBook, The New Alberta Advantage: Technology, Policy, and the Future of the Oil Sands, written by our founder and publisher, Markham Hislop, for FREE.
Sign up now and get exclusive access to your FREE download in the next newsletter and receive Energi Media Weekly Update straight to your inbox too!
