Canada's main stock index extended gains on Wednesday, after rising by the most in nearly two months in the previous session, as energy stocks benefited from higher oil prices.
Halliburton Co (HAL): * EXPECTS DOUBLE DIGIT INCREASE IN INTERNATIONAL OIL ACTIVITY FOR SECOND HALF OF 2021 VERSUS SAME PERIOD LAST YEAR - CONF CALL. * ANTICIPATES OILFIELD ACTIVITY IN NORTH AMERICA WILL INCREASE, WITH DRILLING OUTPACING COMPLETIONS - CONF CALL. * EXPECTS DRILLING AND COMPLETIONS SPENDING IN NORTH AMERICA WILL GROW BY DOUBLE DIGITS OVER COMING YEARS - CONF CALL.
South Africa's petroleum industry body SAPIA said on Wednesday supplies of petroleum products are "currently stable" after the country's main refinery in Durban shut down due to widespread looting. "SAPIA is actively engaging with the to ensure that adequate supply to the market is maintained," the South African Petroleum Industry Association said in a statement.
Canada's main stock index rose on Tuesday as cannabis producers rallied, driven by upbeat earnings from OrganiGram Holdings (OGI), and sent the healthcare index surging nearly 4%. * At 09:46 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 45.28 points, or 0.22%, at 20,278.36. * The energy sector climbed 0.1% as U.S. crude prices were up 0.2% a barrel, while Brent crude added 0.6%...
Kazakhstan will export less liquefied petroleum gas next year, freeing up supply for the local petrochemical industry, according to a national plan for developing the petrochemical sector, and the energy ministry. Both Russia and Kazakhstan are working to increase output and exports of so called value added products, diversifying from their main commodities offerings.
Canada's main stock index fell on Thursday, set for its biggest drop in over four months, weighed by a 2.4% drop in energy stocks as crude prices extended losses on supply uncertainty. * The energy sector dropped 2.4% as crude prices fell on fears the current output agreement could be abandoned after the collapse in talks among OPEC+ members.
U.S. Treasury yields fell on Tuesday, with the
benchmark 10-year note poised for its longest streak of daily declines in 16
months as investors look for clues on the Federal Reserve's policy ...
Canada's main stock index reversed course to inch lower on Tuesday, as a drop in energy shares on weaker oil prices offset gains in miners. * The energy sector fell 3.2%, with Cenovus Energy
Inc (CVE) and Crescent Point Energy Corp (CPG) leading the declines with a drop of 5.3% and 3.7%, respectively.
Asian share markets were volatile on Tuesday, after Australia's central bank flagged some tapering in its quantitative easing programme and concerns over the future of China's powerful technology sector weighed down shares. U.S. markets were closed on Monday to mark the Independence Day holiday, leaving the Asian region without a strong lead to trading on Tuesday.
Most Asian share markets opened a fraction higher on Tuesday, ahead of a key decision by Australia's central bank on its quantitative easing programme and despite ongoing concerns over the future regulation of China's powerful technology sector. U.S. markets were closed on Monday to mark the Independence Day holiday, leaving the Asian region without a strong lead to start trading on Tuesday.
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