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energy and resources
OPEC sticks to 2024 oil demand growth forecast, but trims first-quarter view
FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. Major oil-producing countries led by Saudi Arabia and Russia have said they're throttling back supplies of crude — again. And this time, the decision to cut back was a surprise that is underlining worries about where the global economy might be headed. (AP Photo/Lisa Leutner, File)
market news
At midday: TSX drops to one-week low ahead of U.S. inflation data, Fed policy decision
The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto in January of 2019.
inside the market
What every Canadian investor needs to know today
NEW YORK, NEW YORK - JUNE 03: Traders work on the floor of the New York Stock Exchange during afternoon trading on June 03, 2024 in New York City. Stocks closed mixed on the first day of trading in June a day that started with a technical issue that was resolved that brought trading to a stop for some of the major stocks and caused Berkshire Hathaway to be down 99.97%. (Photo by Michael M. Santiago/Getty Images)
on commodities
Oil is the commodity in focus right now
A pumpjack draws out oil and gas from a well head as the sun sets near Calgary, Alta., Sunday, Oct. 9, 2022. Canada has the third largest oil reserves in the world and is the world's fourth largest oil producer. THE CANADIAN PRESS/Jeff McIntosh
alberta
Calgary mayor applauds reduced water use after pipeline break
The damaged section of a water pipe is shown in this handout image provided by the City of Calgary. THE CANADIAN PRESS/HO-City of Calgary *MANDATORY CREDIT *
canada
Tax collectors claim $300-million owed in alleged fraud related to First Nations gas stations
The offices and blending center of of Six Nations-based fuel company Original Traders Energy sit empty in Norfolk County on Monday, May 20, 2024. (Nick Iwanyshyn/The Globe and Mail)
market news
The close: TSX gets a bump after oil prices reach one-week high
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 3.
inside the market
What every Canadian investor needs to know today
An overview shows traders work in front of a chart of Germany's share index DAX that is diplayed (in background) at the stock exchange in Frankfurt am Main, western Germany, on June 5, 2024. (Photo by Daniel ROLAND / AFP) (Photo by DANIEL ROLAND/AFP via Getty Images)
report on business
Saudi Aramco shares trade higher after share offering
FILE - Storage tanks are seen at the North Jeddah bulk plant, an Aramco oil facility, in Jeddah, Saudi Arabia, on March 21, 2021. Saudi Arabia said Friday, May 31, 2024, it will sell a second sliver of stock in its state oil giant Aramco worth billions of dollars, its first tranche since its initial public offering back in 2019. (AP Photo/Amr Nabil, File)
report on business
Oil and gas transition plan continues amid U.K. election
Britain's Prime Minister and Conservative Party leader, Rishi Sunak, speaks to journalists during his visit to Melksham Town FC in south-west England on June 7, 2024 during a campaign event in the build-up to the UK general election on July 4. (Photo by Phil Noble / POOL / AFP) (Photo by PHIL NOBLE/POOL/AFP via Getty Images)
energy and resources
Saudi Arabia set to raise more than US$11.2-billion selling Aramco shares at lower end of expectations
FILE PHOTO: An employee rides a bicycle next to oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo
market news
The close: TSX falls as bond yields climb after strong U.S. jobs report
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 3.
inside the market
What every Canadian investor needs to know today
NEW YORK, NEW YORK - JUNE 03: Traders work on the floor of the New York Stock Exchange during afternoon trading on June 03, 2024 in New York City. Stocks closed mixed on the first day of trading in June a day that started with a technical issue that was resolved that brought trading to a stop for some of the major stocks and caused Berkshire Hathaway to be down 99.97%. (Photo by Michael M. Santiago/Getty Images)
report on business
Oil, gas CEOs defend industry before House of Commons environment committee
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
economy
Energy, gold exports help Canada narrow trade deficit in April
FILE PHOTO: A shipping container is unloaded at the Port of Montreal in Montreal, Quebec, Canada, May 17, 2021. REUTERS/Christinne Muschi/File Photo
market news
The close: Resource shares lift TSX ahead of jobs reports
A specialist trader works at his post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 3.
inside the market
What every Canadian investor needs to know today
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 3, 2024. REUTERS/Brendan McDermid
energy and resources
U.S. crude, fuel stockpiles rise as refining ramps up: EIA
FILE PHOTO: Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. Picture taken March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo
how we eat
Maximize your meals by cooking over an outdoor fire. Plus, a recipe for fire-roasted baba ghanoush
Julie Van Rosendaal
energy and resources
U.S. could boost rate of replenishing oil reserve, Energy Secretary says
U.S. Energy Secretary Jennifer Granholm speaks to reporters, Friday, May 31, 2024, in Waynesboro, Ga. Granholm visited a newly completed nuclear reactor at the Alvin W. Vogtle Electric Generating Plant. (AP Photo/Mike Stewart)
energy and resources
Oil rises 1% as Fed rate cut optimism offsets demand fears
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: S&P 500 and Nasdaq hit fresh record highs, TSX advances after BoC rate cut
The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto in January of 2019.
inside the market
What every Canadian investor needs to know today
NEW YORK, NEW YORK - JUNE 03: Traders work on the floor of the New York Stock Exchange during afternoon trading on June 03, 2024 in New York City. Stocks closed mixed on the first day of trading in June a day that started with a technical issue that was resolved that brought trading to a stop for some of the major stocks and caused Berkshire Hathaway to be down 99.97%. (Photo by Michael M. Santiago/Getty Images)
report on business
TC Energy to spin off pipeline business
FILE PHOTO: TC Energy's logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
energy and resources
TC Energy shareholders approve spinoff, creation of South Bow pipelines business
FILE PHOTO: TC Energy's logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
energy and resources
LNG Canada could deliver first cargo earlier than planned, Shell executive says
FILE PHOTO: The booth of the Kitimat-based LNG Canada energy project is seen during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo
inside the market
What every Canadian investor needs to know today
NEW YORK, NEW YORK - JUNE 03: Traders work on the floor of the New York Stock Exchange during afternoon trading on June 03, 2024 in New York City. Stocks closed mixed on the first day of trading in June a day that started with a technical issue that was resolved that brought trading to a stop for some of the major stocks and caused Berkshire Hathaway to be down 99.97%. (Photo by Michael M. Santiago/Getty Images)
market news
The close: TSX hits six-day low but Wall Street slightly higher after weak job-openings data
The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto in January of 2019.
report on business
B.C. energy project awaits decision on fate of floating hotel for workers
A cabin is seen on a "floatel" that Woodfibre LNG plans to use to house 600 construction workers at a liquefied natural gas export facility being built near Squamish, during a media tour in Vancouver, on Thursday, May 9, 2024. The ship arrived in B.C. waters in January after a 40-day journey from Estonia, where it had sheltered Ukrainian refugees, but the District of Squamish council voted three to four against a one-year permit for its use last week. THE CANADIAN PRESS/Darryl Dyck
number cruncher
10 U.S. utility stocks gearing up for the hot summer
For Number Cruncher column in Globe Investor/ROB only.
energy and resources
South African appeal court throws lifeline to Shell’s Wild Coast exploration
FILE PHOTO: A logo on a Shell petrol station is seen in west London on April 29, 2008. A lucrative ride on the rollercoaster energy markets helped add to the big increases in profit that BP Plc and Royal Dutch Shell Plc posted on Tuesday. REUTERS/Toby Melville/File Photo
market news
The close: TSX lower as oil tumbles, soft U.S. manufacturing data sends bond yields lower
Traders work on the floor of the New York Stock Exchange during morning trading on May 31.

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