Recent Posts

Deep divisions hinder Canadian crude industry in fight of its life

Bloomberg Amid the worst crude-price environment in its history, the Canadian oil industry is being ham- strung by internal divisions that are making it harder to rally around potential solutions. That draws a stark contrast to the US, where a less divided industry wields more clout. Most notable is the split between Canada’s pure producers, who are being devastated by ...

Read More »

Natural gas holds gains after reaching 8-year high

Bloomberg Natural gas took a breather after its biggest gain in eight years as forecasts for lingering US cold spurred concern supplies may not be enough to meet winter demand. Gas for December delivery eased 3.1 percent in Asia after surging 18 percent to settle at $4.837 per million British thermal units, the highest since the “polar vortex” of early ...

Read More »

Bid to topple May sputters as Brexiteer revolt struggles

Bloomberg Evidence is mounting that the plot to oust UK Prime Minister Theresa May is faltering. To trigger a vote of no confidence in her leadership, a total of 48 Conservative lawmakers need to submit letters, texts or emails calling for one. Late last week, as the backlash against May’s Brexit deal gathered pace, there was speculation that the threshold ...

Read More »
Send this to a friend