EIA Raises U.S. Oil Output Forecast, Warns Oversupply Could Crush Prices
The United States is on track to break yet another oil production record this year, but the Energy…
Before the Bell: What every Canadian investor needs to know today
Equities Global stocks regained some stability as political upheaval in France, Japan and the U.S. weighed on markets,…
Crude Traders Split on Whether the Glut Has Arrived
Predictions of an oil glut have dominated oil market reporting for months. Bloomberg this week suggested the first…
Why the most oil-rich country can’t keep the lights on
If you want an image of where the internal contradictions of the fossil fuel economy are headed as…
FIFA, Formula 1, ICC Under Fire For Aramco Sponsorships
Aramco has been the title sponsor of the Aston Martin Formula One team since late 2023. The Saudi…
Fossil fuel industry exploiting Europe’s energy crisis, says Al Gore – POLITICO
U.S. exports of liquefied natural gas to Europe spiked after the full-scale invasion of Ukraine as pipeline supplies…
Gold, oil, and the loonie: FX strategist on the shifting drivers of Canada’s currency
Economic outlook For Canadian businesses, Baig believes the outlook is relatively stable. “A range-bound loonie, expected to stay…
Crude Oil Plummets to Lowest Since June
Crude oil benchmarks were trading even lower midday Wednesday, at prices lower than they’ve dipped for several months,…
Before the Bell: What every Canadian investor needs to know today
Equities Wall Street futures fell and global markets were mixed as investors assessed a U.S. government shutdown that…
OPEC Rejects Media Reports of Major Output Hike Ahead of G8 Meet
OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike…
Wall Street opens lower on last day of quarter as government shutdown looms
Wall Street’s main indexes opened lower on Tuesday, the final day of the third quarter, as investors fretted…
China Appears To Be Shutting Down Purchases Of U.S. Soybeans
An Illinois farmer plants soybeans. Soybeans are once again in the crosshairs of the U.S. trade war with…