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3 Reasons Why Oil Is Soaring Today — And What's Next For The Commodity
Monday, December 3, 2018 - 3:00pm | 714Oil was moving 4 percent higher Monday after three weekend developments: Russia and Saudi Arabia agreed to extend oil output cuts. Alberta Premier Rachel Notley shocked the oil market with a mandatory province-wide 8.7-percent production cut. Oil-rich Qatar said it will leave the OPEC...
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Social Media Buzz About Canada Wildfires Could Spell Bad News For Insurance Companies
Tuesday, May 10, 2016 - 2:31pm | 365The raging fires in Alberta have caused a devastating amount of damage to local residents. However, the fires could continue to burn Canadian insurance companies long after they are extinguished. The latest data from TickerTags indicate that the Alberta fires could potentially cost insurers...
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High-Yielding Health Care REIT Ventas Has Upward Guidance Helped By Acquisition
Thursday, August 21, 2014 - 7:30am | 477How often are the words "retirement," "holiday" and "make money" used in the same sentence? Great news for shareholders of leading health care REIT Ventas (NYSE: VTR) -- which can do so at the next cocktail party, or anytime they want to impress friends and family...
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Did The Last Anti-Keystone Argument Just Bite The Dust?
Monday, February 3, 2014 - 3:02pm | 595With the State Department’s release of a report Friday concluding the Keystone XL pipeline would not substantially worsen carbon pollution, the Obama administration apparently had one less reason for not approving the project. Last summer, the President said he would approve the 1,700-mile...
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State Dept. Assessment Of Keystone Project Expected To Anger Pipeline's Opponents
Friday, January 31, 2014 - 5:33pm | 629The U.S. State Department released its expected environmental impact statement of the controversial Keystone XL pipeline project on Friday afternoon – and said the project is unlikely to alter greenhouse gas emissions or affect America's hunger for cheap oil. “Approval or denial of any one...
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Market Wrap For November 11: Relative Quiet as Traders and Investors Observe Holiday
Monday, November 11, 2013 - 6:44pm | 2164The Dow hit a record close in an otherwise quiet Veterans Day on Monday. There were no economic data releases by the government and few companies reporting earnings. The markets were anticipating a pick-up in Monday's rather slow activity with the lead-up to Janet Yellen's confirmation hearing on...
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Pipeline Restarting- Good News For Producers
Tuesday, May 24, 2011 - 3:59pm | 225Alberta Canada's Rainbow pipeline has been shut down since April 28th due to a one-two punch of an oil spill and forest fires. The main pipeline leaked about 28,000 barrels of light oil and the cleanup was halted when a fire evacuation order hit the province. The forest fires that raged through...