Oil Sands

Inter Pipeline Announces 2019 Year End Conference Call and Webcast

CALGARY, Jan. 28, 2020 /CNW/ – Inter Pipeline Ltd. (“Inter Pipeline”) (TSX:IPL) will announce its year end and fourth quarter 2019 financial and operating results on February 20, 2020. A conference call and webcast has been scheduled for February 21, 2020 at 9:00 a.m. MT (11:00 a.m. ET) for ...

Commodity Tracker: 6 charts to watch this week

Traders of oil products and iron ore have their eyes trained on China’s supply-side dynamics, as the country grapples with the coronavirus outbreak. Also in the spotlight this week: Permian gas output, Germany’s coal plant closures, US corn exports and European gas prices. 1. China oil product ...

Asia Morning: Asia Smells A Rat

With Chinese New Year starting tomorrow, bringing in the year of the rat, Asia clearly smells one with regional markets ignoring a positive overnight session on Wall Street and marking equities sharply lower today. The coronavirus outbreak in China is obviously the culprit. The fall-out of SARS in ...

Oil falls nearly 3% as over-supply concerns weigh

Oil prices fell more than 2% on Wednesday as a market surplus forecast by the International Energy Agency (IEA) and demand worries outweighed concern over disruptions to Libya’s crude output. Brent crude was down $1.39, or 2.2%, at $63.20 per barrel. U.S. West Texas Intermediate crude fell 2.8%, ...

Commodities Weekly: Oil prices ease as supply concerns abate

  Geopolitical tensions in Libya and Iraq pushed oil prices and gold higher on Monday. The soft commodities are mixed amid uncertain outlooks after the US-China trade deal.   Energy CRUDE OIL prices rose on Monday, with West Texas Intermediate (WTI) hitting the highest level in 10 days. Libya’ ...

Hydrogen transport: moving molecules a core challenge for H2 market growth

Pure hydrogen (H2) is increasingly seen as a tool for decarbonization in a wide range of industries. But in order to break into the mainstream, the fuel will need reliable methods to transport it. While current demand for H2 is limited primarily to oil refining and chemical production – mainly am ...

Baytex Announces 2019 Year End Reserves and Preliminary Financial and Operating Results

CALGARY, Alberta, Jan. 20, 2020 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex”)(TSX, NYSE: BTE) announces its year-end 2019 reserves and 2019 fourth quarter and year-end preliminary unaudited financial and operating results (all amounts are in Canadian dollars unless otherwise noted). †...

European Update – Davos, Earnings, BoE, Gold, Oil

Davos and Earnings in Focus It’s been a slow start to an otherwise frenetic week, with the bank holiday in the US only adding to the light volumes and absent news flow. Source – Thomson Reuters Eikon This comes following a rather eventful start to the year, since which markets have largely ...

Commodity Tracker: 7 charts to watch this week

This week’s pick of energy and commodity market trends kicks off with EU biofuels demand prospects and a window of opportunity for Australian crude oil grades. US and European gas market dynamics and Brazilian corn prices are also in the sights of S&P Global Platts news editors this week. 1. Ren ...

Reading the tea leaves: China and commodities in 2020

China’s voracious demand for commodities and energy continued unabated in 2019 despite a slowing economy and uncertain external environment. But what will be on the agenda in 2020 as the economy, environment and energy security come into greater focus? Here are are some key trends to watch over t ...