13:25:07 EST Tue 07 Dec 2021
Enter Symbol
or Name

Login ID:

Energy Summary for Oct. 18, 2021

2021-10-18 21:00 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 November delivery edged up 16 cents to $82.44 on the New York Merc, while Brent for December lost 53 cents to $84.33 (all figures in this para U.S.). Western Canadian Select traded at a discount of $13.30 to WTI, down from a discount of $13.20. Natural gas for November lost 42 cents to $4.99. The TSX energy index lost 1.89 points to close at 156.21.

Numerous oil patch workers are heading to the polls today, as voters across Alberta pick their next mayors, municipal councillors and school board trustees. One of the most closely watched elections will be the mayoral race in Calgary, where Naheed Nenshi is stepping down after three terms and 11 years on council. There are no fewer than 27 candidates vying to replace him. All have their own ideas on how to lead to a city that looks very different now compared with when Mr. Nenshi started governing in 2010. To give just one example, nearly one-third of the office space in the entire downtown core is now vacant, reflective of the damage of a global pandemic and a prolonged (and only recently reversed) rout in oil prices.

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

© 2021 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.