Oil Sands

US sanctions waiver Asia

Prepared by Jeff Halley, Senior Market Analyst ¬† US sanctions waiver Asia Robust US retail data and a continuing positive procession of Q1 earnings data lifted Wall Street and the dollar on Friday. However, the bond market continues to be more circumspect among all the upbeat noise from earnings ‚ ...

USD/CAD Canadian Dollar Lower as US dollar Gains Retail Sales Boost

The Canadian dollar fell 0.28 percent on Thursday. US economic data was the deciding factor as the dollar rose against the loonie despite crude prices heading higher. Canadian retail sales had strong gains but could not overcome their US counterpart. American retail sales exceeded expectations and ...

April 16, 2019

I noticed another recent corporate long bond issue, this one some thirty-year notes from Pembina: Pembina Pipeline Corporation (‚ÄúPembina‚ÄĚ or the ‚ÄúCompany‚ÄĚ) (TSX: PPL; NYSE: PBA) is pleased to announce that it has closed its previously announced offering of $800 million of senior unsecured m ...

Oil slides on weaker economy and production cut outlook

Much of today’s attention fell on non-market moving events.  A terrible fire broke out at Notre Dame Cathedral and a redacted version of the Mueller report is expected to be presented by Attorney General William Barr to Congress on Thursday.  Markets had a negative start to the trading day fo ...

Canada's growing regulatory morass

Author: Kenneth P. Green There’s an urgent need for regulatory reform, especially in Alberta. Read more about Canada's growing regulatory morass Tags:  oil pipeline national energy board oil transportation Alberta regulation ...

Dollar Softens Awaiting US Retail Sales

The US dollar is lower against most major pairs except the Japanese yen and the Swiss franc. Risk appetite made a comeback this week and pushed the three currencies lower as investors shied away from safe havens. A strong start to the US earnings season with JP Morgan and Wells Fargo leading the wa ...

Energy and commodities highlights: Sanctions, US clean energy goals, LNG’s second wave

Commodity markets were weighing supply side risks this week, as key producing countries continue to grapple with sanctions and political upheaval. In Libya, Africa’s third-largest oil producer and a significant supplier of gas to Europe, violence has escalated and the country is in danger of fall ...

Tech Talk for Friday April 12th 2019

Pre-opening Comments for Friday April 12th U.S. equity index futures moved higher this morning. S&P 500 futures were up 15 points in pre-opening trade. Index futures responded to encouraging economic news released by China. Anadarko advanced $13.90 to $60.70 and Chevron dropped $6.20 to $119.70 aft ...

Several US regions face hurdles in race to build summer gas stocks

With the withdrawal season officially over, US gas storage fields stand at their second-lowest level in 16 years. Several regions face obstacles as they look to climb out of deep deficits and re-stock before the next heating season begins. In particular, grid constraints on moving Permian gas, alon ...

Insight from Shanghai: China’s shift in language signals private sector in the ascendant

In March, China‚Äôs elite gathered in Beijing for the annual ‚Äútwo sessions‚ÄĚ meeting of China‚Äôs legislative bodies, the National People‚Äôs Congress (NPC) and the People‚Äôs Political Consultative Conference. While much of what happens at the two sessions is at best marginalia for all but the ...