Brooke Thackray’s Top Picks for December 5, 2024
Top picks from Brooke Thackray, research analyst, Global X
OPEC+ Delays Revival of Its Oil Production by Three Months
OPEC+ delayed the revival of its oil production by three months, a delegate said, the third time it’s deferred the move while crude prices struggle amid a looming surplus.
Bitcoin Soars Past $100,000 on Trump’s Pro-Crypto Pick for SEC
President-elect Donald Trump’s pick of a crypto proponent to be the next head of the US securities regulator lifted Bitcoin to within a whisker of a record $100,000 as traders warmed to the prospect of relaxed regulations.
Trump Loves Tariffs But Canada Can Strike Back on Oil, Ex-Trade Chief Says
The man who led Canada’s trade negotiating team during Donald Trump’s first term said the US President-elect “likes tariffs even more now” and will be less constrained about about using them in his second.
Brian Madden’s Top Picks for December 4, 2024
Top picks from Brian Madden, chief investment officer, First Avenue Investment Counsel
Home of Canada’s Oil Sands Chases $71 Billion Data Center Opportunity
The Canadian province of Alberta, home to the world’s third-largest crude reserves, is making a push to become a hub for artificial intelligence data centers and sees the potential to attract C$100 billion ($71 billion) in investments.
Oil Seen Below $60 by Middle of New Trump Term, Survey Shows
Banks are gearing up for US oil prices to fall below $60 a barrel by the middle of President-elect Donald Trump’s new term in office, according to a survey from law firm Haynes Boone LLP.
Oil Sands Carbon Capture Project Draws First Nations’ Scrutiny
A proposed carbon-capture and storage system designed to slash emissions from Canada’s oil sands is drawing scrutiny from local Indigenous communities, who are requesting that the project be subject to an impact assessment.
Andrey Omelchak’s Top Picks for December 3, 2024
Top Picks from Andrey Omelchak, president and CIO, LionGuard Capital Management
B.C. Securities Commission imposes $18M in sanctions on a crypto trading platform
The British Columbia Securities Commission has imposed more than $18 million in sanctions on a cryptocurrency trading platform and its owner who it says diverted customers' assets to gambling and personal accounts.
OPEC+ Is Firming Up Deal for Three-Month Delay to Output Hike
OPEC+ is making progress toward an agreement to delay its oil-production revival by another three months, delegates said.
Oil Rises on Iran Crude Sanctions, OPEC+ Output Deal Progress
Oil was little changed as traders watched for clues on OPEC+’s supply plans ahead of a key meeting this Thursday.
Colin Cieszynski’s Top Picks for November 29, 2024
Top picks from Colin Cieszynski, chief market strategist, SIA Wealth Management
Jamie Murray’s Top Picks for November 28, 2024
Top picks from Jamie Murray, portfolio manager and head of research, Murray Wealth Group.
Michael Sprung’s Top Picks for November 27, 2024
Top picks from Michael Sprung, president, Sprung Investment Management