22:59:25 EDT Mon 19 Oct 2020
Enter Symbol
or Name

Login ID:

Energy Summary for Jan. 16, 2020

2020-01-16 19:53 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 February delivery added 71 cents to $58.52 on the New York Merc, while Brent for March added 62 cents to $64.62 (all figures in this para U.S.). Western Canadian Select traded at a discount of $23.20 to WTI, down from a discount of $23.00. Natural gas for February lost four cents to $2.08. The TSX energy index lost a fraction to close at 144.44.

In a shining moment of sanity -- all too rare when it comes to big energy projects -- the Supreme Court of Canada dismissed British Columbia's case against the Trans Mountain pipeline this afternoon, unanimously rejecting the province's bid to control the flow of oil across its borders. The provincial government had already been slapped down by a lower court, which ruled that the interprovincial flow of resources falls under federal jurisdiction. Today, the Supreme Court upheld that ruling, resolving one of the last court challenges to the long-embattled project.

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

© 2020 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.