Oil prices rise, but not by enough to drag Wall Street far off its records
Oil prices are rising following the latest fighting to threaten the U.S.-Iran ceasefire, but U.S. stocks are hanging near their records in Wall Street.
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Canada’s South Bow flags need for durable U.S. permit before Keystone XL restart
South Bow will not proceed with a partial revival of the Keystone XL pipeline until it has proof that a U.S. presidential permit is 'durable,' the pipeline operator's CEO said Thursday.
U.S. stocks inch to more records after oil prices drop
U.S. stocks inched to more records Wednesday after oil prices fell and eased the pressure on households and businesses worldwide.
Another surge for Micron, Wall Street’s latest US$1 trillion company, sends U.S. stocks to records
The U.S. stock market rose to records Tuesday as it caught up with climbs for others around the world from the day before, when President Donald Trump said negotiations were “proceeding nicely” with Iran on ending their war.
Canada to sign large-scale LNG deal with Germany: Reuters source
Canada will sign a large-scale LNG agreement with Germany’s SEFE for liquefied natural gas from the Ksi Lisims planned export facility on the coast of British Columbia, according to an industry source.
Oil cargo from U.S. emergency reserve heads to Asia, first in over 3 years
A cargo of crude oil from the U.S. Strategic Petroleum Reserve is heading to the Philippines, the first shipment of U.S. emergency reserve oil to Asia since November 2022, ship tracking data showed.
Oil tumbles nearly 7% as U.S. and Iran seen moving closer to deal
Oil prices fell nearly 7 per cent on Monday as optimism grew that the United States and Iran were moving closer to a peace deal that would reopen the Strait of Hormuz, even though Washington and Tehran played down hopes for an imminent breakthrough.
Pembina Pipeline going ahead with $570M Heartland extraction project
Pembina Pipeline Corp. says it’s going ahead with its $570-million Heartland extraction plant project.
Global shares gain and oil prices fall after Trump says talks on ending the war are proceeding
Global shares mostly rose Monday and oil prices sank more than $4 after U.S. President Donald Trump said talks on ending the war with Iran are progressing.
Oil prices fall over 5 per cent on hopes for Iran deal
Oil prices plunged more than five percent in Asian early trading on Monday as hopes of a U.S.-Iran deal to end the Middle East war rose despite comments from U.S. President Donald Trump downplaying its imminence.
Oil and gas prices to remain high in Europe at least until the end of 2027, officials say
European Union officials said Friday that Europeans can expect oil and gas prices to remain above what they were before the Iran war for at least until the end of 2027, with prices of other goods also following an upward trajectory.
Looking to fill up? Here’s when you’ll see slight relief at the gas station heading into the weekend
Finally, there is some good news for drivers across the country – the price of gas is down considerably. But experts say it may not last long.
Wall Street keeps rising, even as U.S. households keep getting more discouraged
The U.S. stock market closed out its eighth straight winning week. The S&P 500 climbed 0.4 per cent Friday and pulled closer to its all-time high set in the middle of last week.
B.C. premier says Canada won’t work if Ottawa favours separatist premiers
B.C. Premier David Eby says he’s looking for an equal level of enthusiasm from Prime Minister Mark Carney as he had for Alberta’s pipeline pitch and a lower carbon price.
New Mexico politicians grapple with oil windfall from Iran war that's both 'awesome' and awkward
The global oil bottleneck in the Strait of Hormuz has generated an enviable — and politically sensitive — financial windfall on the other side of the world in New Mexico, a rare Democratic-dominated state where fossil fuels are a bedrock of progressive social services.