Canadian Natural Resources Ltd CNQ-T +0.47%increase, a major shipper on the Trans Mountain oil pipeline expansion (TMX), expects the project will be delayed until at least the second quarter of 2024, the […]
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Canada gained more jobs than expected in August, unemployment rate unchanged at 5.5%
Canada’s economy gained a much greater than expected net 39,900 jobs in August and the unemployment rate remained at 5.5 per cent, official data showed on Friday, a sign of […]
Canadian Market Firmly Down In Negative Territory After BoC Holds Rates
Published: 9/6/2023 12:35 PM ETThe Canadian market is down firmly in negative territory in early afternoon trades on Wednesday, weighed down by losses in healthcare and utilities sectors.Several stocks from industrials, […]
Tropical Storm Lee is expected to rapidly intensify into an ‘extremely dangerous’ hurricane in the Atlantic by this weekend
Tropical Storm Lee is expected to rapidly intensify into an “extremely dangerous” hurricane in the Atlantic Ocean by this weekend, the National Hurricane Center said Tuesday as the season approaches […]
India importing Russian oil is a ‘win-win’ for the world economy, says India’s No. 1 oil company
India’s imports of Russian crude is a win-win situation for the world’s oil markets, said Oil and Natural Gas Corporation Ltd (ONGC), India’s No. 1 oil company. By importing from […]
Oil rises on China, U.S. economic data and OPEC+ cut expectations
Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts […]
Enbridge to purchase three U.S. utilities for $14 billion in cash and debt
Enbridge Inc. has signed a US$14 billion cash-and-debt deal that represents a major vote of confidence by the Canadian company in the future of natural gas.The Calgary-based energy infrastructure giant […]
Bank of Canada expected to hold rates steady as economy stalls
The Bank of Canada is expected to pause its monetary policy tightening campaign this week, weighing stubborn inflation data against growing evidence that the Canadian economy has begun to stall.Analysts […]
Crude Oil Extends Surge Amid Ongoing Supply Concerns
Extending the rally seen over the past several sessions, the price of crude oil showed another significant move to the upside during trading on Friday.Crude for October delivery surged $1.92 […]