Articles Tagged "Oil Articles"

TSX Recovers After NDP’s Alberta Win Sparks Energy Sector Concerns

Oil – The NDP's victory in Alberta's provincial election caused the TSX to drop on Wednesday as energy stocks took a hit. Specifically, the S&P/TSX Composite index dropped 0.99 percent, or 150.05 points, to close at 15,023.89 points. The dip marked a one-month low and put seven out of 10 of the main sectors on the index in the red.

Scotiabank’s Patricia Mohr Predicts Spring Rally in Oil Price

Oil – Mohr predicts that WTI will recover to the $65 level by the fourth quarter of 2015. "I think the price is going to move up to $65 because there has been such a huge drop in cost of production. Margins are being squeezed for drillers and service providers, but also even wage rates would be moving down a lot in the industry, so the cost of drilling is going to move down a lot," she said.

2015 TSX Venture 50: Ikkuma Resources Tops All Sectors

Oil – Each year, the TSX Venture Exchange releases TSX Venture 50 list, reflecting the top performers across five sectors. Despite a tough year for resources — and for oil prices in particular — Calgary's Ikkuma Resources still managed to rank first across all sectors.