Weekly Energy Market Review

War of words between Trump and North Korea pull global markets lower • Oil prices decline as world output rises again in July • Cdn energy stocks fall 2% • US energy stocks retreat to lows of last April

Weekly Energy Market Review

Loonie takes a hit on weak trade data, dragged lower by energy exports • WTI touches US$50 and retreats as traders hit the sell button • Cdn light & heavy differentials begin to widen • Natgas prices continue to tumble from July highs

Weekly Energy Market Review

Money flows out of USD and into commodities • Oil prices rally 15% from lows of June • WCS gains over 10% as heavy oil discount falls below US$10 • Energy stocks help power US markets to new record highs • E&Ps reduce capital spending on lower-than-expected oil prices.

Weekly Energy Market Review

US dollar continues to slide • Oil prices slump on rumours of record OPEC production • TSX oil & gas stocks stage a decent rally • The new Baker Hughes suffers a meltdown • Q2 earnings season kicks-off in the energy patch

Weekly Energy Market Review

Weak US dollar boosts oil prices • US markets power to new highs • WCS gains 9% on stronger loonie and lower differential • Q2 earnings kick-off in energy patch next week

Weekly Energy Market Review

Oil prices decline to levels pre-OPEC pact • Threats of rising rates boost CAD • Energy stocks wipe out gains for the year • US independent refiners buck the trend and break out to new highs