07:22:32 EDT Fri 02 Jun 2023
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save

Energy Summary for April 22, 2022

2022-04-22 20:15 ET - Market Summary

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 lost $1.72 to $102.07 on the New York Merc, while Brent for June lost $1.68 to $106.65 (all figures in this para U.S.). Western Canadian Select traded at a discount of $12.30 to WTI, down from a discount of $12.20. Natural gas for May lost 42 cents to $6.53. The TSX energy index lost 4.57 points to close at 231.24.

Though oil prices notched a weekly decline, oil companies strove to keep a smile on in celebration of Earth Day, the annual feel-good or feel-frantic fest, depending on one's mood. The doomsday crowds busied themselves at rallies across Canada, the United States and Europe, marching and preaching with gusto. Meanwhile, Suncor Energy Inc. (SU: $41.10) chose today to publish a research report on four decades worth of oil sands reclamation, confirming that the vegetation on reclaimed sites is looking "increasingly similar" to never-disturbed sites. Separately, Cenovus Energy Inc. (CVE: $21.96) (perhaps not checking its calendar properly) announced yesterday that it has made a $3-million (U.S.) donation to the Nature Conservancy of Canada.

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

© 2023 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.


Comments for this item are closed