Key TakeawaysAlberta Premier Danielle Smith has committed $14 million to kick-start a new oil pipeline project to the British Columbia coast, with a formal application expected by spring 2026 and potential operation by the early 2030s.The proposed pipeline aims to transport up to one million barrels of crude oil daily to Asian markets, backed by an advisory group including Enbridge Inc. (ENB), Trans Mountain Corp., and South Bow Corp., but faces strong opposition and requires federal regulatory changes.The ...

Equity Strength in Q3 Shows Signs of Broadening Despite inflation concerns and revealed weakness in the labor market, equities rallied in Q3 with market participation broadening amid improving trade policy, rate cut optimism, and better than feared corporate earnings. Both the Nasdaq Composite Index and S&P 500 Index notched their best Q3 since 2020, as well as their best September in 15 years despite the month's poor seasonality. For the quarter, US growth (+9.8%) was among the best performers, followed by ...

U.S. oil production growth will stall if prices stay near $60 per barrel, as fewer drilling sites are profitable at that level, the CEO of Diamondback Energy , one of the country's top oil producers, ... ...

While crude oil, oil products, and natural gas trade in highly liquid CME NYMEX and ICE futures markets, ethanol swaps for delivery in Chicago also trade on the same exchange; however, they are far less liquid than the oil and gas futures. Coal for delivery in Rotterdam, the Netherlands, trades on the Intercontinental Exchange and is also far less liquid than oil and gas futures. Coal prices have been trending lower in 2025, while ethanol swap prices have trended higher since the end of 2024.   Ethanol tr ...

U.S. oil companies are cutting jobs by the thousands as they respond to falling crude prices, higher tariffs, and a wave consolidation in the industry.President Donald Trump promised boom times for oil and gas when he took office in January. Instead, the industry has shed 4,000 positions through August, according to the most recent data from the Bureau of Labor Statistics.The layoffs come as U.S. crude oil prices have fallen 13% this year due to OPEC+ members rapidly increasing supply to the global market. ...

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce that IPC has completed the current normal course issuer bid / share repurchase program (NCIB), purchasing for cancellation 7,465,356 IPC common shares between December 2024 and September 2025, representing approximately 6.2% of the total outstanding common shares at the commencement of the NCIB. IPC expects to renew its NCIB for a further twelve months from December 2025 to December 2026, subjec ...

Benchmark oil prices have slumped this year as the OPEC+ cartel bids to win back market share. ...

Key Points Chevron can produce a lot of cash at the current oil price point. The oil giant expects to produce significantly more free cash flow next year. Its Hess acquisition extended its growth outlook into the 2030s. 10 stocks we like better than Chevron › Crude oil prices have fallen this year. Brent, the global benchmark, is down about 10% and just below $70 a barrel. Lower prices mean oil companies such as Chevron (NYSE: CVX) are producing less cash flow. Although oil prices are currently ...

November WTI crude oil (CLX25) on Monday closed down -2.27 (-3.45%), and November RBOB gasoline (RBX25) closed down -0.0471 (-2.37%). Crude oil and gasoline prices fell sharply on Monday due to the outlook for OPEC+ to increase its crude production levels for November, which is expected to boost global oil supplies.  Bloomberg reported Monday that OPEC+ at its online meeting on October 5 is considering raising its crude output level by +137,000 bpd, starting November 1. More News from Barchart The outlo ...

APA Corporation (NASDAQ:APA) ranks among the best cheap rising stocks to invest in now. On September 12, Benchmark reaffirmed its $33 price target and Buy rating on APA Corporation (NASDAQ:APA), pointing to notable advancements in the company’s operations. According to the firm, APA’s performance has improved since issues that had previously hampered it last year have either stabilized or reversed. Pixabay/Public Domain Notably, over the past three months, APA Corporation (NASDAQ:APA) shares have increa ...