This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

West Texas Intermediate crude for June delivery added 61 cents to $95.42 on the New York Merc, while Brent for July added $1.23 to $101.29 (all figures in this para U.S.). Despite today's gains, both benchmarks notched a weekly loss on optimism about a U.S.-Iran peace deal. Western Canadian Select traded at a discount of $21.00 to WTI, down from a discount of $20.40. Natural gas for June lost one cent to $2.75. The TSX energy index added a fraction of a point to close at 410.45.

Canadian energy investors watched as Alberta Premier Danielle Smith made the familiar pilgrimage to Ottawa today to lobby for new energy infrastructure. "I know industry is getting a bit impatient. Albertans are getting a little bit impatient," she told reporters before a closed-door meeting with Prime Minister Mark Carney. Whatever he said seemed to calm the waters. Afterward, Ms. Smith took to social media to trumpet "significant progress toward reaching an agreement on a West Coast pipeline and carbon pricing," signing off with a "Stay tuned Alberta" and a smiley-faced emoticon.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS