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Crude Oil Brent(CBU22)
ICE/EU

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Day Low106.90
Day High110.67
Open:108.00
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opinion
Canada’s resource sector is being stifled by poorly designed regulations
Jack Mintz and Phil Cross
energy and resources
Oil prices stabilize ahead of U.S. inflation data, OPEC+ meeting
FILE - Pumpjacks operating at the Kern River Oil Field are seen in Bakersfield, Calif., on Jan. 16, 2015. The state of California has filed a lawsuit against some of the world's largest oil and gas companies, claiming they deceived the public about the risks of fossil fuels blamed for climate change-related storms and wildfires that caused billions of dollars in damage. (AP Photo/Jae C. Hong, File)
inside the market
What every Canadian investor needs to know today
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024. REUTERS/Brendan McDermid/File Photo
market news
The close: Month-end repositioning spurs late-day stock rally
Trader Anthony Confusione works on the floor of the New York Stock Exchange, Thursday, May 30.
report on business
Total loan guarantees for Trans Mountain up to $19-billion
A aerial view of Kinder Morgan's Trans Mountain marine terminal, in Burnaby, B.C., is shown on Tuesday, May 29, 2018. A major court decision expected Thursday could determine the fate of the contentious Trans Mountain pipeline expansion and further define Canada's duty to consult with First Nations, experts say. THE CANADIAN PRESS Jonathan Hayward
report on business
Alberta supports industrial carbon pricing, Premier says
The Syncrude oil sands extraction facility is reflected in a tailings pond near the city of Fort McMurray, Alta. on Sunday, June 1, 2014. THE CANADIAN PRESS/Jason Franson
energy and resources
U.S. crude stocks fall, fuel inventories climb as refining picks up: EIA
FILE PHOTO: Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone Base/File Photo
market news
The close: TSX rallies as RBC notches biggest gains in four years
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26.
inside the market
What every Canadian investor needs to know today
NEW YORK, NEW YORK - MAY 24: Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New York City. Stocks rose at the opening bell a day after the Dow Jones closed under 600 points, its worst session in more than a year. (Photo by Michael M. Santiago/Getty Images)
report on business
AltaGas, Vopak approve construction of energy export terminal in B.C.
Artist's rendering of AltaGas Ltd.'s planned B.C. propane export terminal on Ridley Island in the Port of Prince Rupert. Source: AltaGas Ltd. rb-cd-altagas-propane For brent Jang
energy and resources
Shell and Exxon nearing deal to sell North Sea assets to Viaro Energy, sources say
FILE PHOTO: A view shows a board with the logo of Shell at the company's fuel station in Saint Petersburg, Russia May 6, 2022. REUTERS/Anton Vaganov
energy and resources
ConocoPhillips to buy Marathon Oil in US$22.5-billion deal in latest energy merger
This is a Marathon gas station in Bradenton, Fla., Feb. 7, 2024. ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion. The deal announced Wednesday, May 29, 2024, is valued at $22.5 billion when including $5.4 billion in debt. (AP Photo/Gene J. Puskar, File)
energy and resources
Oil prices ease on U.S. gasoline demand worries, economic data
FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. REUTERS/Stringer
market news
The close: TSX falls the most in three months as BMO tumbles, bond yields rise
Traders work on the floor of the New York Stock Exchange during morning trading on May 24.
inside the market
What every Canadian investor needs to know today
NEW YORK, NEW YORK - MAY 24: Traders work on the floor of the New York Stock Exchange during morning trading on May 24, 2024 in New York City. Stocks rose at the opening bell a day after the Dow Jones closed under 600 points, its worst session in more than a year. (Photo by Michael M. Santiago/Getty Images)
explainer
Why does OPEC+ often clash over oil production capacity?
FILE PHOTO: The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina//File Photo
energy and resources
Oil up on OPEC+ meeting, summer driving season and weaker U.S. dollar
FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/David McNew/File Photo
market news
Nasdaq closes above 17,000 for first time, powered by Nvidia
Traders work on the floor of the New York Stock Exchange during morning trading on May 24.
inside the market
What every Canadian investor needs to know today
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 26, 2024. REUTERS/Brendan McDermid/File Photo
report on business
Lobby group says emissions cap would cost oil and gas sector $75-billion in lost investment
An oil and gas lobby group says the federal government's proposed emission cap on the sector combined with its stringent targets for methane reduction could reduce Canada's non-oilsands fossil fuel production by one million barrels per day by 2030. A pumpjack draws out oil from a well head near Calgary, Alta., Saturday, Sept. 17, 2022. THE CANADIAN PRESS/Jeff McIntosh
market news
The close: TSX higher as commodity prices climb
inside the market
What every Canadian investor needs to know today
A person looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm Monday, May 27, 2024, in Tokyo. (AP Photo/Eugene Hoshiko)
opinion
Canada needs to seize a global LNG export opportunity
Lance Mortlock
energy and resources
TotalEnergies investors back CEO at general meeting, but support weakens for climate strategy
Police officers detain a climate activist outside the French asset manager Amundi headquarters, Friday, May 24, 2024 in Paris. French oil and energy giant TotalEnergies holds its annual shareholders general assembly Friday and marks its 100th anniversary. Activists protest the oil giant's climate strategy and denounce Amundi's holding in oil major TotalEnergies. (AP Photo/Thibault Camus)
energy and resources
Oil posts weekly loss as interest rate policy spurs fuel demand worries
FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/David McNew//File Photo
market news
The close: Stocks rebound amid encouraging U.S. economic data
Traders work on the floor of the New York Stock Exchange during morning trading on May 17.
inside the market
What every Canadian investor needs to know today
Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2024 in New York City. Wall Street stocks opened little changed May 17 after pulling back from a record run where the Dow exceeded 40,000 points for the first time. Around 10 minutes into trading the Dow Jones Industrial Average was steady at 39,872.66. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)
report on business
Tanker departs B.C. after becoming first to load oil from TMX pipeline system
The Dubai Angel, a crude oil tanker originating from South Korea, seen departing from the Westridge Marine Terminal in Burnaby. Photo taken from North Vancouver, May 22nd 2024. Alison Boulier/The Globe and Mail
number cruncher
Utilities with dividends that stand to gain as interest rates decline
For Number Cruncher column in Globe Investor/ROB only.
report on business
Japan’s Sumitomo teams up with Reconciliation Energy Transition for Alberta carbon project
Logos of Sumitomo Corp are seen after the company's initiation ceremony at its headquarters in Tokyo, Japan April 2, 2018. REUTERS/Toru Hanai/ File Photo
market news
The close: Stocks fall despite Nvidia boost as U.S. inflation concerns weigh; Dow sees worst drop since March 2023 on Boeing woes
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., May 16.
inside the market
What every Canadian investor needs to know today
Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2024 in New York City. Wall Street stocks opened little changed May 17 after pulling back from a record run where the Dow exceeded 40,000 points for the first time. Around 10 minutes into trading the Dow Jones Industrial Average was steady at 39,872.66. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images)

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