High Oil Prices Are Fueling a New Heavy Crude Rush in Canada
Who says price isn’t a rationing mechanism? Rather than sink billions into long-term oil sands projects, Alberta energy…
Trafigura Warns of “Super Glut” as Oil Supply Surges
Echoing what has become a now daily refrain by commodity bears everywhere, Saad Rahim, chief economist of commodity-trading…
Stocks Swoon as Trade Jitters Spur Rush to Bonds: Markets
(Bloomberg) — Flaring trade tensions between the US and China sent shockwaves across markets Friday, hammering stocks, oil…
Tech Stock Rally Loses Steam in Afternoon Trading: Markets
(Bloomberg) — The rally in tech stocks took a breather as equities pulled back from record highs. AI…
Stock Buyers Step In as Data Keep Fed Bets in Play: Markets
(Bloomberg) — A renewed wave of dip buying lifted stocks in the final stretch of the week after…
Global Stock Rally Snaps in Asia, Dollar Rises: Markets Wrap
(Bloomberg) — A seven-day global stock rally lost steam in Asia, as uncertainty over the Federal Reserve’s rate-cut…
Formula 1 Renewable Energy Shift Drives 26% Drop in Carbon
(Bloomberg) — Motor racing, a sport known for flashy, petrol-guzzling racecars speeding at hundreds of kilometers per hour across…