Market Pullback: 2 Top TSX Stocks to Buy Now and Own for 22 Years
December 15, 2021
The stock market is finally giving TFSA and RRSP investors a chance to buy top TSX stoc…
The majority of Fed members forecast three interest rate hikes in 2022 to fight inflation
December 15, 2021
CNBC The majority of the Federal Reserve sees three interest rate hikes in 2022, according to the central bank’s so-called dot plot of projections. Wednesday’s forecast showed 12 Federal Open Market Committee members expect at least three rate raises next year. Five members expect two rate hikes and one member expects one hike in 2022. That’s up from September’s
OPEC, EIA, IEA each have different 2022 oil demand forecasts
December 15, 2021
World Oil LONDON (Bloomberg) –Oil forecasters have parted company on their views about demand in the coming months, as the omicron variant of the Covid-19 virus spreads rapidly around the world. And producers have emerged as the surprising bulls in the latest round of estimates. The International Energy Agency, the U.S. Energy Information Administration and the Organization of Petroleum Exporting
Eni oil block expected to enter production in Q2 2023, Ivory Coast says
December 15, 2021
Reuters ABIDJAN — An offshore oil block in Ivory Coast controlled by Eni is expected to enter production in the second quarter of 2023 with daily output of 12,000 barrels of oil and 17.5 million cubic feet of gas, the Ivorian government said on Wednesday. Production will then ramp up in 2026 to between 75,000 and 100,000 barrels of oil
U.S. fuel demand surges to a record on buzzing holiday activity – EIA
December 15, 2021
Reuters Dec 15 – U.S. implied consumer petroleum demand surged to an all-time high last week on the back of holiday demand and travel – even as the Omicron variant of coronavirus threatens to dent oil consumption in coming months. Overall crude stockpiles fell due to rising exports, and inventories for gasoline and distillates were also down, the U.S. Energy
3 Energy Stocks That Deserve A Spot In Your Dividend Portfolio
December 15, 2021
The energy sector is home to plenty of great dividend stocks, with stellar dividend histori…
Frustration with Iran over nuclear deal negotiation nears boiling point
December 15, 2021
World Oil (Bloomberg) –Stern warnings from U.S. and European officials suggest the window is closing on nuclear talks with Iran, with frustration boiling over after two weeks of negotiations marred by allegations of Iranian backsliding. Secretary of State Antony Blinken suggested that the U.S. could soon shift its attention away from attempting to resurrect the 2015 accord that had capped
U.S. crude oil inventories decrease by 4.6 million barrels
December 15, 2021
Weekly Crude Oil Storage as of December 10, 2021 U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 4.6 million barrels from the previous week. At 428.3 million barrels, U.S. crude oil inventories are about 7% below the five year average for this time of year, according to the EIA crude oil and petroleum
Tamarack Valley Energy Ltd. Announces Strategic Clearwater Consolidation Through the Acquisition of Crestwynd Exploration Ltd. and Transition to Sustainability Linked Lending
December 15, 2021
Tamarack Valley Energy Ltd. Announces Strategic Clearwater Consolidation Through the Acqu…
