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energy and resources
Oil prices hold at 14-month low as demand worries offset big US storage withdrawal
FILE - Pumpjacks operating at the Kern River Oil Field are seen in Bakersfield, Calif., on Jan. 16, 2015. The state of California has filed a lawsuit against some of the world's largest oil and gas companies, claiming they deceived the public about the risks of fossil fuels blamed for climate change-related storms and wildfires that caused billions of dollars in damage. (AP Photo/Jae C. Hong, File)
energy and resources
OPEC+ discussing delay to planned oil output hike in October, sources say
FILE PHOTO: The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina//File Photo
inside the market
What every Canadian investor needs to know today
8584BO-USA-STOCKS_WRAP_O_
energy and resources
Oil slumps about 5 per cent as end to Libyan dispute in sight
FILE - A flare burns off methane and other hydrocarbons as oil pumpjacks operate in the Permian Basin in Midland, Texas, Oct. 12, 2021. A large 5.1 magnitude earthquake hit West Texas on Friday, July 26, 2024. The U.S. Geological Survey said it’s highly likely the quake was caused by oil and gas activity. (AP Photo/David Goldman, File)
energy and resources
OPEC+ likely to proceed with planned output hike from October, sources say
FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. Angola says it’s leaving the OPEC oil producers cartel, coming after it battled with the group over lower production quotas this year. According to state news agency Angop, the African nation’s oil minister said Thursday that Angola “does not gain anything by remaining in the organization.” (AP Photo/Lisa Leutner, File)
world
Iraq assures OPEC of full conformity with oil production guidelines, OPEC says
FILE PHOTO: OPEC logo is seen in this illustration taken, October 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
energy and resources
Oil pauses gains after surging on Libyan outages, Middle East tensions
Pumpjacks draw out oil and gas from a well heads as near Calgary, Alta., on Sunday, May 12, 2024. Provinces must stop natural gas expansion and invest in electrification to keep home heating reliable and cost-effective, says a new report by a leading Canadian climate policy think tank, or otherwise risk leaving ratepayers and governments on the hook for billions of dollars in underused and overbuilt gas infrastructure. THE CANADIAN PRESS/Jeff McIntosh
energy and resources
OPEC gets updated plans from Iraq, Kazakhstan on overproduction compensation
FILE PHOTO: A view of the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeger/File Photo
energy and resources
Oil tumbles on easing fears of wider Middle East war
FILE - A worker walks near pumpjacks operating at the Kern River Oil Field in Bakersfield, Calif., Jan. 16, 2015. The oil and gas industry’s emissions are a main cause of climate change and in the past the industry undermined sound evidence that carbon greenhouse gases warm the atmosphere. (AP Photo/Jae C. Hong, File)
energy and resources
OPEC cuts 2024 oil demand growth forecast, citing softer expectations for China
FILE PHOTO: The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudinao/File Photo
energy and resources
Oil prices slide one per cent to seven-week low as China concerns weigh
FILE - In this April 24, 2015, file photo, pumpjacks work in a field in the Permian Basin near Lovington, N.M. Top officials with the largest Native American tribe in the United States are renewing a request for congressional leaders to hold a field hearing before deciding on federal legislation aimed at limiting oil and gas development around Chaco Culture National Historical Park. The Navajo Nation has struggled for years with high poverty rates and joblessness, and the tribe’s legislative leaders say individual Navajo allottees stand to lose an important source of income if a 10-mile buffer is created around the park. (AP Photo/Charlie Riedel, File)
opinion
How the OPEC oil crisis caused mass migration
Randall Hansen
energy and resources
OPEC+ unlikely to change oil output policy at Aug. 1 ministerial meeting, sources say
FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. Angola says it’s leaving the OPEC oil producers cartel, coming after it battled with the group over lower production quotas this year. According to state news agency Angop, the African nation’s oil minister said Thursday that Angola “does not gain anything by remaining in the organization.” (AP Photo/Lisa Leutner, File)
inside the market
What every Canadian investor needs to know today
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 14, 2024. REUTERS/Brendan McDermid
energy and resources
Oil dips, but posts weekly gain on solid 2024 demand outlook
FILE - A worker walks near pumpjacks operating at the Kern River Oil Field in Bakersfield, Calif., Jan. 16, 2015. The oil and gas industry’s emissions are a main cause of climate change and in the past the industry undermined sound evidence that carbon greenhouse gases warm the atmosphere. (AP Photo/Jae C. Hong, File)
energy and resources
BP starts oil production at new offshore platform in Azerbaijan
FILE PHOTO: The logo of British multinational oil and gas company BP is displayed at their booth during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
energy and resources
IEA trims 2024 oil demand forecast on weakness in wealthier countries
FILE PHOTO: A view of the logo of the International Energy Agency in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Photo
energy and resources
Oil settles up on Middle East tensions, posts weekly loss
FILE - Pumpjacks operating at the Kern River Oil Field are seen in Bakersfield, Calif., on Jan. 16, 2015. The state of California has filed a lawsuit against some of the world's largest oil and gas companies, claiming they deceived the public about the risks of fossil fuels blamed for climate change-related storms and wildfires that caused billions of dollars in damage. (AP Photo/Jae C. Hong, File)
energy and resources
OPEC sees robust summer oil demand, economic upside potential
FILE PHOTO: A view of the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside their headquarters in Vienna, Austria, November 30, 2023. REUTERS/Leonhard Foeger/File Photo
energy and resources
Oil settles higher after Israeli strike overshadows ceasefire talks
FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/David McNew//File Photo
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