07:42:29 EST Fri 23 Feb 2024
Enter Symbol
or Name

Login ID:

Energy Summary for June 8, 2022

2022-06-08 20:58 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 July delivery added $2.70 to $122.11 on the New York Merc, while Brent for August added $3.01 to $123.58 (all figures in this para U.S.). Western Canadian Select traded at a discount of $18.87 to WTI, down from a discount of $18.81. Natural gas for July lost 59 cents to $8.70. The TSX energy index added 1.96 points to close at 285.21.

Ukraine's new ambassador to Canada has joined the chorus calling for Canada to send oil and gas to Europe and reduce Europe's energy reliance on Russia. "Canadian [energy] companies, we do think, should take the opportunity to enter and expand in the EU market," said Yulia Kovaliv (who formally assumed ambassadorship yesterday) during a speech today at the Global Energy Show in Calgary. She added that Europe will particularly need Canada's help once the European Union's embargo on Russian oil takes effect at the end of the year. "That is a big move," she said. "It will be a significant challenge for the overall European continent."

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

© 2024 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.

and krauts want oil and gas for free

Posted by ukes at 2022-06-09 13:12

Comments for this item are closed