Business InsiderA venture capital firm just bet £2.5 million on oil companies using dronesBusiness InsiderLondon venture capital fund MMC Ventures is betting £2.5 million ($3.8 million) on drones being the future for the oil and gas industry. MMC has inves …
The IndependentOil price and currency effects pound UK earningsFinancial TimesThe findings underline the broad impact of the collapse in the oil price and the strength of the pound. For example, Weir Group, the largest constituent of the industrial enginee …
The Globe and MailNew ETF to track Canadian crude oil pricingThe Globe and MailA new exchange-traded fund player is entering Canada and will offer investors direct access to Canadian crude pricing, which has far outperformed the U.S. benchmark price for oi …
Financial TimesRebound in US shale will limit oil price recoveryFinancial TimesIt has been one of the less widely noticed oil price surges. Since January, benchmark Brent crude has risen from less than $47 per barrel to more than $65 per barrel, an increas …
Foreign PolicyGame Change: US Oil Revolution Has Torn Up the Rule BookForeign PolicyIn its annual five-year oil market outlook, the IEA, which is OCED's energy agency, said that the rise of the United States as a heavyweight crude producer, OPEC's …
Wall Street JournalOil's Rebound Lifts US Stocks, but More Obstacles LurkWall Street JournalU.S. stocks recovered last week amid hopes that the fall in oil prices might finally be over. The market has been closely tied to oil since 2015 began, so more- …
Financial PostDavid Rosenberg: What US$50 oil really means for Canada's economyFinancial PostWe have spent the past several weeks getting our hands dirty in the data to find out what Canada is going to look like if oil is US$50 per barrel, assuming it …