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MarketWatchShale oil output at Bakken and Eagle Ford starts a descentMarketWatchOil production from the Bakken and Eagle Ford shale plays look like they've peaked and other shale plays may not be far behind. Oil production from seven major U.S. shale p
Admin 12.05.2015 0 74

CBC.caOil soars above $62, lifting the loonie to 83 centsCBC.caOil prices rose to a new high for the year above $62 on Wednesday, powering the Canadian dollar above 83 cents. Oil has been on a month-long rally amid signs that U.S. shale production is slowi
Admin 07.05.2015 0 62

CBC.caWTI oil price drops 6% as inventories jump more than expectedCBC.caBeyond the oil in storage, the new data showed that U.S. oil producers continue to pump out more oil than they ever have. Output increased by 9.4 million barrels during the month of M
Admin 09.04.2015 0 91

CBC.caCanadian dollar at 80 cents, oil at $50 after Yemen air strikesCBC.caThere is a danger the country is sliding towards civil war after Houthi rebels receiving support from Iran marched on the southern Yemeni port city of Aden. The conflict weighed hea
Admin 27.03.2015 0 65

CBC.caCanadian dollar jumps ahead on weaker greenback, stronger oilCBC.caThe Canadian dollar moved higher Monday amid an uptick in oil prices and a weakening U.S. dollar. At midday, the loonie was at 79.80 US cents, up 1 ½ cents from its low last week. Aft
Admin 24.03.2015 0 50

CBC.caOil dives to fresh 6-year low above $42, then reboundsCBC.caOil has been losing ground for seven trading sessions, amid reports that production continues to rise and oil storage tanks are approaching capacity. Late Tuesday, industry group the America
Admin 19.03.2015 0 92

CBC.caOil slips to $42, a fresh 6-year lowCBC.caOil has been losing ground for seven trading sessions, amid reports that production continues to rise and oil storage tanks are approaching capacity. Late Tuesday, industry group the American Petroleum Instit
Admin 19.03.2015 0 75

Bismarck TribuneThis Chart Shows Why the Number of Oil Rigs May Not Matter AnymoreBloombergThe number of oil rigs drilling new wells in the U.S. has collapsed at an unprecedented rate. The weekly number has gathered a huge following as investors try to fig
Admin 14.02.2015 0 127

Financial PostOil Advances for Third Week as Supplies Seen SlowingBloomberg(Bloomberg) -- Oil extended its rally above $60 a barrel in London amid speculation that a decline in U.S. drilling will slow crude output and curb a global supply glut. Brent futur
Admin 14.02.2015 0 106

CBC.caDow nears record, TSX at 5-month high as oil prices continue to climbCBC.caNew York stocks were near record levels and the TSX was at a five-month high Friday as oil prices moved higher. The Standard & Poor's 500 index closed at a record and
Admin 14.02.2015 0 89