Today’s energy and equity market action: Oil prices rally in the morning, but fizzle in the afternoon. WTI little changed, while Cdn Light moves up 0.3%. WCS dips 0.4%, as heavy oil discount widens slightly. Equity markets soar as US/China trade talks progress. Energy stocks log second day of gains on TSX/SPX….
Oil & Gas Companies Texas Weekly Update Sept 3
Texas Producers First Well Permits Since April 1 2019 or Greater SMITH STREET_8_HOEFS T-K (WOLFCAMP) Primary Field_Oil Well SAGE NATURAL RESOURCES LLC_9_NEWARK, EAST (BARNETT SHALE) Primary Field_Oil or Gas Well HASKIT, KENDALL_7B_CALLAHAN COUNTY REGULAR Primary Field_Oil or Gas Well HASKIT, KENDALL_7B_CALLAHAN COUNTY REGULAR Primary Field_Oil or Gas Well STRAWN PARTNERS…
Daily Oil & Gas News Sept 4 2019
Today’s energy and equity market action: Oil prices recover losses from past two trading days. Brent and WTI gain 4%, while WCS moves up 5%. Cdn Light discount widens to US$4.50/bbl. SPX/TSX energy stocks also move up on Wednesday. Today’s notable energy news: Lower oil prices widen Canada’s trade deficit….
Oil & Gas Companies Daily News Sept 3
Today’s energy market action: Oil prices kick off new week with another loss. Brent slides to lows of mid-August …… while WTI breaks below US$54/bbl. Heavy oil discount narrows to US$11.50 …… while SCO premium jumps to US$1.44. Gasoline breaks below US$1.50. TSX/SPX energy sectors move lower. Cdn midstream stocks continue to…
Canadian Oil & Gas Companies Weekly Update Sept 2 2019
Weekly Update Sept 3 2019 Interesting News Tamarack Valley working with Bluestar Engineering Ltd. new compressor install 05-26-034-09W4 Pembina large compressor install gas plant 14-28-062-20W5 42 new well permits in BC approved last week Gain Energy Ltd. 6 new well permits for 2 new pads WAPITI field Westbrick Energy 2…
Oil & Gas Companies Weekly Update
ALBERTAAB Gov’t • Bill C-69 proclamation: The ‘No More Pipelines Act’PM • With curtailment settled, UCP must decide fate of rail carsPM • Enough is enough: Oilpatch video firmly stand up for industryYouTube • Supporting the well-being of every Canadian CANADACER • The new Canada Energy RegulatorCdn Gov’t • Appointments to the new Canada Energy RegulatorEnbridge…
Oil & Gas Companies Daily News August 30
Today’s energy and equity market action: Oil prices dip on Friday, giving back some of this week’s gains. Brent and WTI end the week 2% higher. WCS and Cdn Light fall over 3% on Friday …… but also to end the week in the positive. Gasoline ends the week 2% lower. After…
Oil & Gas Companies Weekly Update Aug 30
oday’s energy market action: Energy markets continue to rally on Thursday Brent moves back above US$61 a barrel. WTI, Cdn Light and WCS gains almost 2%. C5+ dips lower, as differential to WTI widens to 8-mo high. TSX energy rallies almost 2%, while SPX energy gains 1.5%. Today’s political energy news: Alberta…
Oil & Gas Companies Daily Update August 28
Today’s energy market action: Brent and WTI move up 1.5% …… taking Cdn benchmarks along for the ride. Gasoline and Henry Hub also post gains. Energy stocks outperform on both sides of the border. US crude stockpiles drop over 10M barrels …… despite new record in total US output. Today’s notable energy…
Oil & Gas Companies Daily Update August 28 2019
Today’s energy and equity market action: Oil prices finally move higher, halting several days of declines. WCS rises almost 6%, as discount shrinks below US$12. Yield curve ends the day in the negative …… once again, spooking equity markets. SPX energy stocks give back yesterday’s gains. TSX energy stocks sink…
