Stocks drift on Wall Street amid jobs market updates, renewed fighting in U.S. war with Iran
Stocks drifted on Wall Street amid the latest updates on the jobs market and further escalation in the U.S. war with Iran.
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U.S. oil giant Chevron confirms it will expand operations in Venezuela
Oil giant Chevron confirmed that it will expand its operations in Venezuela, just days after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits.
U.S. energy secretary says Venezuela oil output to more than double in next few years
U.S. Energy Secretary Chris Wright said on Tuesday after landing in Venezuela that deals that oil companies from the U.S. and other countries sign tomorrow in Caracas will lead to a more than doubling of crude production in the next few years.
TSX down nearly 450 points as oil prices rise, U.S. stock markets also lower
Canada’s main stock index fell nearly 450 points, while U.S. markets were also negative and oil prices rose amid more U.S. military strikes on Iran.
U.S. stocks slip on Wall Street under pressure from higher oil prices and rising bond yields
U.S. stocks closed broadly lower as another round of U.S. military strikes on Iran sent oil prices higher, stoking worries about stubbornly high inflation.
Oil giant Chevron is expected to announce it will expand operations in Venezuela, U.S. official says
Oil giant Chevron is planning to expand its operations in Venezuela, a U.S. official said, as part of an ambitious deal to develop the nation’s oil reserves.
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'You just move forward': Greenland Energy oil exploration delayed by a year
Authorities in the mostly autonomous Danish territory said they needed more time to review Greenland Energy Co.’s plans to tap what it believes could be an oil bonanza.
Australia’s new shale basin Beetaloo sends first gas to market
Developers of Australia’s Beetaloo basin sent the first gas from the project north to Darwin on Tuesday in what they hope will demonstrate steady flows that can underpin wider commercialization of the country’s first shale gas venture.
Canadian, U.S. markets fall as oil prices rise amid geopolitical tensions
Canadian and U.S. stock markets fell and oil prices rose on Monday after the U.S. launched its first military action in a month against Iran.
What we know about Trump’s deal giving U.S. access to vast oil reserves in Venezuela
Trump said the agreement would give the United States a stake in Venezuela’s vast oil reserves, a step towards extracting energy from the country.
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Trump announces sweeping U.S. grab for control of Venezuela’s vast oil reserves
U.S. President Donald Trump on Friday said the U.S. had entered into an oil agreement with Venezuela.
S&P/TSX composite ends lower, U.S. stock markets also down
Canada’s main stock index slid almost 300 points on Friday despite the latest GDP report pointing to a strengthening economy as trade tensions prevail.
The bond market prepares for a hike to interest rates, while U.S. stocks drift lower
The bond market swung as investors built bets that the U.S. Federal Reserve may hike interest rates soon to get the nation’s high inflation under control.
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