Dexterra Announces Results for Q2 2023 and Declares Dividend
August 8, 2023
Toronto, Ontario–(Newsfile Corp. – August 8, 2023) – Dexterra Group Inc. (TSX: DXT) Highligh…
Dexterra Announces Results for Q2 2023 and Declares Dividend
August 8, 2023
Toronto, Ontario–(Newsfile Corp. – August 8, 2023) – Dexterra Group Inc. (TSX: DXT) Highligh…
Finning reports Q2 2023 results
August 8, 2023
VANCOUVER, British Columbia, Aug. 08, 2023 (GLOBE NEWSWIRE) — Finning International Inc. (TSX: F…
Dramatic shift in Brent-Dubai spread could alter global oil flows
August 8, 2023
Oil Price The premium for Brent Crude prices to Dubai crude has evaporated in recent weeks and has swung to a discount as Middle East oil availability has shrunk with OPEC+ and Saudi production cuts. This dramatic shift in the usual trading pattern could change global oil flows and prompt Brent-linked barrels to sell more easily on the Asian markets.
Crude inventories to sink to 8-year low this year: Nuttall
August 8, 2023
Oil Price Inventories of crude oil will reach an 8-year low by the end of this year, Eric Nuttal, partner and Senior Portfolio Manager at Ninepoint Partners, told BNN Bloomberg TV on Tuesday. While persistent fear of China’s stuttering crude oil demand and the boogeyman of high interest rates are periodically dragging down oil prices, the recent price rally
Saudi Arabia’s cabinet throws support behind OPEC+ cut extension
August 8, 2023
Oil Price Saudi Arabia’s cabinet, or Council of Ministers, showed its support for what it considers to be precautionary measures taken by OPEC+ to stabilize the oil market, Saudi Arabi media said on Tuesday. It said it would continue to boost OPEC+ precautionary efforts to support the stability of the oil markets, Kingdom officials said. Saudi Arabia, the world’s
The 3 Best Oil Stocks to Buy in August
August 8, 2023
2023-08-08 12:57:34 ET InvestorPlace – Stock Market News, Stock Advice & Trading Tips…
Oil hedge funds place their bets on heat-fueled hurricane season
August 8, 2023
Yahoo Finance LONDON – Bullish gasoline positions have hit their highest since the day Russia invaded Ukraine and will almost certainly rise further if record Atlantic Ocean heat draws a hurricane into the Gulf of Mexico and disrupts refineries, investors and analysts said. Many traders have been unnerved as crude markets were whipsawed by a banking crisis in the United
Paradigm Drilling Services expands Mexican sales team to support new drilling tool development
August 8, 2023
World Oil (WO) – Paradigm Drilling Services has recruited Rocio Hoz Cano as Technical Sales Engineer in Mexico to support growth investment in new drilling tools being deployed in the region. Bringing over 10 years of well planning and engineering experience in the drilling sector, Rocio will be responsible for solving clients drilling dysfunctions through the implementation of Paradigm
Oil slips as weak China data offsets tightening supply
August 8, 2023
CNBC Oil prices edged lower on Tuesday after data showed China’s crude imports and exports fell much more than expected in July in yet another sign of a sluggish post-COVID rebound for the world’s largest oil importer. Brent crude futures were down 48 cents, or 0.41%, at $84.93 a barrel. U.S. West Texas Intermediate crude dropped 50 cents, or about 0.62%, to $81.43.
