Dec 5
A coalition of environmental and community groups are applauding a decision by the Nova Scotia and federal governments to deny a $1.5-million bid to relaunch oil and gas exploration in the waters off the province.
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Dec 5
A coalition of environmental and community groups are applauding a decision by the Nova Scotia and federal governments to deny a $1.5-million bid to relaunch oil and gas exploration in the waters off the province.
Nov 30
Oil plunged as a highly-anticipated OPEC+ meeting drew to an underwhelming close, with market participants disappointed by smaller-than-expected cuts and hazy details surrounding quota enforcement.
Nov 29
The Coastal GasLink pipeline that stretches across northern B.C. is mechanically complete ahead of the company's year-end deadline.
Nov 29
Oil added to its biggest gain in a week as traders counted down to a high-stakes OPEC+ meeting on supply, and weighed signs that the Federal Reserve is done raising interest rates.
Nov 28
Oil edged higher after a string of losses as the market weighed the possibility of deeper output cuts from OPEC+.
Nov 26
Oil fell for a fourth day as traders looked ahead to this week's delayed OPEC+ meeting and wider financial markets carried a risk-off tone.
Nov 22
Oil fell as discord within OPEC+ forced the group to delay an upcoming meeting, quelling speculation of further production cuts by the Saudi-led alliance just as U.S. data showed a hefty rise in stockpiles
Nov 22
Oil edged lower amid signs of another stockpile build in the US ahead of an OPEC+ meeting on supply over the weekend.
Nov 21
Oil declined after two days of gains as traders tempered expectations that OPEC+ will intervene in the market to bolster prices, with healthy supplies and ebbing geopolitical risks also adding to the retreat.
Nov 20
Oil prices have come under pressure following concerns of an oversupplied market, but one expert says this could be a good buying opportunity for investors.