Oil

An Interview with Energy Investor Eric Nuttall

This week we interview Eric Nuttall, Partner and Senior Portfolio Manager from Ninepoint Partners. While many investors have fled, Eric is a rare breed that is still actively investing in public oil and gas equities.  Tune in to hear Eric explain the sell off of oil and gas equities over the last ...

USD/CAD Canadian Dollar Lower on Record High Household Debt

The Canadian dollar fell 0.45 percent on Friday and will finish 0.78 pecan lower against the US dollar. Canadian households have a 174.1 percent debt to income ratio in 2019 Q2. Rating agencies have already downgraded some of the banks as the risk of higher defaults rises as consumers take on more ...

Week ahead – Central banks the only game in town

Brexit, Fed and trade war remain in focus For many months now, all of the attention has been on the trade war, Brexit and central bank easing. Next week is going to be no different as the UK Supreme Court rules on Boris Johnson’s prorogation of Parliament, talks continue ahead of a meeting betwee ...

Peyto Exploration & Development Corp. Confirms Dividends for October 15, 2019

CALGARY, Alberta, Sept. 13, 2019 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the monthly dividend with respect to September 2019 of $0.02 per common share is to be paid on October 15, 2019, for shareholders of record on September 30, 2019.  Th ...

Oil Falls on Demand Concerns and Oversupply

Oil slipped to around $60 a barrel on Friday as concern about a slowdown in the global economy and oil demand outweighed hints of progress in the U.S.-China trade dispute. The Organization of the Petroleum Exporting Countries and the International Energy Agency (IEA) both issued reports this week p ...

US Open – Trade Concessions, Retail Sales, Backstop, Oil, Gold

US stocks are continuing to inch higher toward record territory after China expanded their tariff exemption list and as investors begrudgingly expect the bull market to reassert itself on renewed stimulus measures by central banks.  Optimism is growing once again that we could see a US-China trade ...

Cuda Oil and Gas Inc. Announces a Major Operating Milestone for its Light Oil Project in the Powder River Basin, Wyoming

CALGARY, Sept. 13, 2019 /CNW/ – Cuda Oil and Gas Inc. (“Cuda” or the “Company“) (TSXV: CUDA) is pleased to announce that the Wyoming Oil and Gas Conservation Commission (the  “WOGCC“) has approved the Shannon Secondary Recovery and Unitization (“SSRU“) application at the Barron ...

European open – ECB, Trade war, gold, oil

ECB and Trade Headlines Buoy Investors Europe is off to a positive start on the final trading day of the week, as stocks continue to reap the rewards of a massive ECB stimulus package and, perhaps, a step forward in the trade war. Source – Thomson Reuters Eikon In his penultimate meeting in ch ...

Japan Mulls More QE After The ECB

More easings will be on the minds of traders as the Bank of Japan and the Federal Reserve meet next week, with both expected to move rates lower, and in Japan’s case, possibly even more QE. It will be interesting to see what the Bank of Japan actually has left to buy, but more importantly will be ...

USD/CAD Canadian Dollar Lower on ECB Topsy Turvy Thursday

The Canadian dollar is lower on Thursday. The loonie is trading at 1.3217 after the European Central Bank (ECB) cut its benchmark rate and announced a relaunch of its QE program. The central bank will buy 20 billion euros a month of bonds in an effort to boost the eurozone economy. The Canadian dol ...