Category : Search result: global oil markets


Alberta Fires Back Over BC Oil Tanker Ban Demands

Alberta's government delivers sharp rebuke to BC premier and Indigenous leaders calling for permanent oil tanker ban, escalating tensions over Canadian energy policy and economic future.

Suncor Hikes Dividend, Beats Earnings Expectations

Suncor Energy delivers impressive Q4 results, beating earnings expectations and rewarding shareholders with a substantial dividend increase amid rising oil prices and operational improvements.

Global Markets Retreat as Tech Stocks Decline

Global stock markets face pressure as major technology companies experience significant declines, dragging down U.S. indices and creating ripple effects across international markets.

Formosa, Ontario Prepares for Christmas Wonderland

Discover how the small village of Formosa, Ontario is preparing for its spectacular Christmas celebration featuring dazzling lights, festive markets, and community spirit that draws visitors from across the region.

China Buys Australian Canola in Trade Thaw

In a major agricultural trade breakthrough, China has purchased approximately 120,000 metric tons of Australian canola, marking a significant warming of relations between the two trading partners after years of strained ties.

Oil & Gas Reality: What Companies Are Actually Doing

While politicians debate energy policy, Canada's oil and gas industry is quietly transforming through massive investments in decarbonization and clean technology. Discover the real story behind the headlines.

AI Stock Rally Fades as Global Markets Slump

Global markets retreat as early AI-driven gains evaporate. Asian and European stocks decline while investors await key economic data and Federal Reserve signals.

TSX Slips as U.S. Markets Show Mixed Signals

Canadian stocks faced downward pressure in late morning trading while U.S. markets diverged. Discover which sectors dragged the TSX down and which U.S. indices managed gains amid ongoing economic uncertainty.

Imperial Oil sells Calgary HQ, cuts hundreds of jobs

Imperial Oil Ltd. has struck a deal to sell its massive Calgary headquarters as part of a global restructuring that will eliminate hundreds of positions in the city, marking a significant shift for one of Canada's energy giants.

Oil Steadies as U.S. Reimposes Venezuela Sanctions

Global oil prices found stability as the U.S. reinstated sanctions on Venezuela's oil industry, creating new uncertainty in energy markets while Middle East tensions continue to simmer.

Cenovus-Husky Merger Vote Delayed Another Week

The crucial shareholder vote on Cenovus Energy's massive acquisition of Husky Energy has been postponed for another week, creating uncertainty in Canada's oil and gas industry during turbulent times.

Meta's $10 Billion Bond Sale: Strategic Financing Move

Meta Platforms Inc. makes waves in corporate finance with a stunning $10 billion bond offering, signaling aggressive growth plans despite market volatility. Discover what this means for investors and the tech landscape.

Cenovus-MEG Energy Deal Delayed Over Regulatory Inquiry

A crucial shareholder meeting to approve Cenovus Energy's $3.8 billion acquisition of MEG Energy has been postponed amid regulatory scrutiny from Canadian authorities, creating uncertainty in Alberta's oil sands sector.

Canadian Oil Sands Outshining U.S. Energy Peers

A new report reveals Canadian oil sands companies are gaining competitive advantages over U.S. shale producers, with lower decline rates and stronger financial performance attracting investor attention.

TSX Drops 100 Points as U.S. Markets Show Strength

Canadian stocks face significant pressure as the S&P/TSX composite drops nearly 100 points while U.S. markets show surprising resilience. Discover what's driving the divergence and which sectors are feeling the heat.

Stock Picker's Strategy Delivers 245% Returns

Discover how Sterling's unconventional investment approach delivered staggering 245% returns while challenging traditional financial wisdom. Learn the secrets behind his market-beating strategy.

Canada Pension Plan's India Portfolio Soars to $21B

The Canada Pension Plan Investment Board's strategic investments in India are delivering massive returns, with the portfolio growing to $21 billion and outperforming expectations in one of the world's fastest-growing economies.

Russia's Oil Exports Hold Steady Despite Sanctions

Despite sweeping new Western sanctions, Russia's crude oil exports show remarkable stability. Fresh analysis of global tanker movements reveals Moscow continues to find buyers, with export volumes holding steady in early 2024.

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