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Shell in talks to sell Malaysian fuel stations to Saudi Aramco, sources say
FILE PHOTO: A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/File Photo
At the open: North American stock markets rise as rate-cut hopes linger
Traders work on the floor of the New York Stock Exchange (NYSE) on May 3.
analysis
Trans Mountain pipeline is the latest boon to oil and gas stocks, but investors aren’t sold
Tim Shufelt
Slowdown in do-it-yourself home projects weakens lumber markets
Stacks of lumber are seen at Teal-Jones Group sawmill in Surrey, B.C., on Sunday, May 30, 2021. British Columbia’s lumber industry is anxiously parsing U.S. President Joe Biden’s latest Buy American language to better understand the implications for Canadian exporters. The B.C. Lumber Trade Council says it’s “concerning” that Biden says he wants to restrict the use of foreign lumber in federally funded infrastructure projects. THE CANADIAN PRESS/Darryl Dyck
Big Oil finds more to love in deepwater exploration fields
FILE - A large plume of smoke rises from fires on BP's Deepwater Horizon offshore oil rig in the Gulf of Mexico, more than 50 miles southeast of Venice on Louisiana's tip on April 2010. A new National Academy of Science study says that 13 years after a massive BP oil spill fouled the Gulf of Mexico, regulators and industry have reduced some risks in deep water exploration in the gulf but some troublesome safety issues persist. (AP Photo/Gerald Herbert, File)
Pipeline operator TC Energy sees natural gas deliveries rise as power demand booms
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
Oil settles down on U.S. jobs data, steepest weekly loss in three months
FILE PHOTO: An oil pumpjack is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. REUTERS/Liz Hampton/File Photo
The close: Wall Street sharply higher as nonfarm payrolls report strengthens case for rate cuts in both the U.S. and Canada
A trader works inside a booth on the floor of the New York Stock Exchange on May 1.

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