Archives for August 2016
Market Currents: Permian rig count up nearly 50 percent
Oil prices are looking lower, facing headwinds of a stronger dollar and an impending bearish oil inventory report. Hark, here are six things to consider on oil markets today: 1) We’ve been having a bit...
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Another glut looms: Solar industry boosts panel production
Solar manufacturers that are ramping up production now face a looming glut of panels, forcing companies to adjust or face dire consequences. Trina Solar, Canadian Solar and JinkoSolar Holding Co. are among the suppliers boosting...
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Millennials getting a rush from trading oil in volatile market
Chris Santos likes a little spice in his investing life. That’s why the 26-year-old Toronto man trades Credit Suisse Group AG’s VelocityShares 3x Long Crude ETN, which offers returns equal to three times the move...
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U.S., Canada following different paths to address climate change
The United States and Canada are taking different approaches to climate change, reflecting the differences in their economies, energy industries, and industrial mix, according to a new study by research firm IHS. In the United...
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Oil rebounds on speculation Iran might join output freeze
Oil rose, reversing an earlier decline, on speculation Iran may be more willing to cooperate with other producers seeking to freeze output. Prices rose as much as 2.7 percent after Reuters reported that Iran is...
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