Oil

Has A Big Bear Market Rally Just Finished ? 2019-03-23 Weekly Market Roundup

World Charts Look Risky Outside Bars Suggest Reversal Commodities Under Fire Timing on the Copper and Steel charts is Unnerving Energy-related ETFs and Stocks have Huge Caution Signs Watching to see if Gold is the Next Bullish Move (expecting a huge move) Continuing with my theme of t ...

Getting the Message Out on Modern Oil Sands: Lower Cost, Lower Carbon

This week we interview Alex Pourbaix the President and CEO of Cenovus Energy, Canada’s largest SAGD oil sands producer. Alex explains that the oil sands are not what they used to be; new barrels are lower cost and lower carbon. The discussion covers a range of topics including; the Alberta Governm ...

March 22, 2019

The International Association of Insurance Supervisors has announced: The CSFWG will host an ICS Stakeholder Meeting in Orlando on 10 April. The stakeholder meeting is intended to provide a forum for constructive feedback on ICS Version 2.0. Stakeholders who wish to provide presentations on key iss ...

Dollar Recovers Fed Driven Losses on Safe-haven Flows

The US dollar had a wild week, finishing the week mixed against its major trading partners, as market participants reassess the effects of the Fed’s dovish commitment and how much weaker the German economy will become.  Risk-aversion remains the key theme for financial markets after the three-mo ...

Source Energy Services Files Updated NI 43-101 Technical Reports for its Mineral Projects in Wisconsin, United States

TSX: SHLE CALGARY, March 22, 2019 /CNW/ – Source Energy Services Ltd. (“Source” or the “Company”) is pleased to announce that it has filed with the applicable Canadian securities regulatory authorities updated National Instrument 43-101 – Standards of Disclosure for Mineral Projects ...

Saskatchewan Budget: Government Actions Return Province to Balance

The Conference Board of Canada Economist Daniel Lam offers insights on Saskatchewan’s 2019 Budget: Quote “Following two years of recession in 2015 and 2016, that drove the province deep into the red, Saskatchewan drastically increased taxes and announced a stringent spending plan with the goal ...

Inflation Remains Muted and Retail Sales Fall

The Conference Board of Canada’s Economics Director Matthew Stewart offers the following insights on today’s consumer price index and retail sales data: Quote “Inflation remained weak in February and retail sales declined for the third month in a row. This slow start to the year is inline wit ...

Weekly Market Review & Outlook - Crosscurrents, Undercurrents and Weight of the Evidence

Bigger Downtrends or Simply Resting? Bank ETFs Fail at 200-day SMAs Small-cap Indexes Fail near Retracements Oil Nears Potential Reversal Zone Focus on the True Leaders S&P 500 Maintains Uptrend Index Breadth Table Remains Bullish Sector Breadth Table is More Mixed Staples, Utilities, REITs and Tech ...

Energy and commodities highlights: Political change in oil states, LNG in Europe, trans-Atlantic freight

Spring 2019 is ushering in important political changes that are being watched for their impact on oil and other commodities. In Algeria new leadership was promised recently, following widespread protests. That’s fuelled discussion about the future of the country’s oil and gas industry. Then on ...

Terrible German PMI data sinks global stocks and euro

Stocks & USD – Terrible European data kills risk appetite EUR – Euro falls as German bunds go negative Brexit – EU throws UK a delay bone  Oil – Stockpiles fell 9.6M even as imports rose 186K Gold – Stronger on dovish Fed Stocks & Dollar US equities are off to a poor start on the final d ...