Today’s energy market action:
- Stock markets rally, but oil prices fail to follow.
- Crude benchmarks all slump about 1%.
- Henry Hub bucks the downtrend, and moves up over 3%.
- TSX/SPX energy sectors eke out a small gain.
Today’s notable energy news:
- Husky Energy boosts thermal output in SK.
- Suncor and Shell lodge complaint against Enbridge.
- Whitecap Resources cuts capital spending plans …
… but leaves 2019 production guidance unchanged. - Plains All American reverses course on tariff surcharge.
- TechnipFMC splits into two separate companies.
- PDC Energy and SRC Energy join forces.
