Gold price forecast as the US dollar index (DXY) rebounds
January 4, 2024
2024-01-04 23:02:00 ET Gold (XAU/USD) price has pulled back this week as traders embrac…
3 Top Canadian Dividend Stocks That Pay Cash Monthly
January 4, 2024
2024-01-04 20:30:00 ET Investors seeking regular income often turn to dividend stocks, and …
Saturn Oil & Gas Inc. Announces Initial Production Results of First OHML Bakken Well Above Expectations and Updated Debt Covenant
January 4, 2024
Calgary, Alberta–(Newsfile Corp. – January 4, 2024) – Saturn Oil & Gas Inc. (TSX: SOIL) (FSE…
3 Stocks to Fuel a $1 Million TFSA Target
January 4, 2024
2024-01-04 16:30:00 ET Any increase in the size of the contribution limit is good news for …
How Canadians Can Boost Their Pensions in 2024
January 4, 2024
2024-01-04 16:20:00 ET Canadian retirees are fortunate because of the Canada Pension Plan…
APA Corporation increases oil production from Permian basin with $4.5 billion Callon Petroleum acquisition
January 4, 2024
World Oil (WO) – APA Corporation and Callon Petroleum Company have entered into a definitive agreement under which APA will acquire Callon in an all-stock transaction valued at approximately $4.5 billion, inclusive of Callon’s net debt. Under the terms of the transaction, each share of Callon common stock will be exchanged for a fixed ratio of 1.0425 shares of APA
Phillips 66 in talks for non-core assets sale: CEO
January 4, 2024
Investing U.S. refiner and petrochemical manufacturer Phillips 66 (NYSE:PSX) is in active discussions for a sale of its non-core assets, Chief Executive Mark Lashier said on Thursday during an energy conference. Last year, the company said it would monetize $3 billion in non-core assets in 2024 as part of a plan to boost returns by cutting costs and assets. Lashier,
Canadian dealmaking seen rebounding in 2024, led by energy, mining
January 4, 2024
Nasdaq TORONTO- Canadian energy, power and mining companies are expected to lead a rebound in dealmaking this year helped by lower interest rates, following a slump in overall mergers and acquisitions in 2023 to the lowest since the outbreak of COVID-19, bankers said. Money markets are betting that the Bank of Canada (BoC), which raised interest rates to a 22-year
Oil falls on massive US fuel inventory builds
January 4, 2024
Yahoo Finance (Reuters) -Oil prices fell 2% on Thursday, largely unwinding an earlier rally, as massive weekly gasoline and distillate stock builds overshadowed a larger-than-expected crude stock draw. Brent crude fell by $1.57, or 2%, to $79.01 a barrel by 11:23 a.m. EDT, after earlier rising over $1. U.S. West Texas Intermediate crude futures fell $1.47, or 2%, to $73.57.
Weekly Gas Storage: Inventories decrease by 14 Bcf
January 4, 2024
Natural Gas Inventories as of December 29, 2023 The EIA has released its natural gas inventory report, showing a net decrease of 14 Bcf as of December 29, 2023. Working gas in storage was 3,476 Bcf as of Friday, December 29, 2023, according to EIA estimates. This represents a net decrease of 14 Bcf from the previous week. Stocks were
StealthGas Inc. (NASDAQ: GASS) Climbs to New 52-Week High
January 4, 2024
Shares of StealthGas Inc. (NASDAQ: GASS) traded at a new 52-week high today and are currently t…
U.S. crude oil inventories decrease by 5.5 million barrels
January 4, 2024
Weekly Crude Oil Storage as of December 29, 2023 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 5.5 million barrels from the previous week. At 431.1 million barrels, U.S. crude oil inventories are 2% below the five year average for this time of year, according to the EIA crude oil and petroleum
