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Oil set for weekly gains

Oil prices set for weekly gain as Ukraine peace process stalls

Oil prices edged up on Friday as hopes of an imminent peace deal between Russia and Ukraine faded, putting prices on track for their first weekly gain in three weeks.

InvestorsHub on MSN · 6h

Oil Edges Lower, Still Set for Weekly Gains as Russia-Ukraine Peace Talks Stall

Oil prices dipped modestly in Asian trading on Friday, as investors exercised caution ahead of Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium, where markets hope for clues on U.

Hosted on MSN · 7h

Oil set for weekly gains as quick Ukraine peace deal remains elusive

Oil prices remained steady on Friday and were on track to post a weekly gain amid as prospects of a Ukraine peace deal remain elusive in the short term. The drawdown in US crude inventories that indicates higher demand in the world’s largest economy is also helping crude prices to snap the two-week losing streak.

Cenovus Energy to Buy MEG Energy in C$7.9B Oil-Sands Tie

The Wall Street Journal on MSN · 36m

Cenovus Energy to Buy MEG Energy in $5.68 Billion Oil-Sands Tie-Up

Cenovus Energy said its proposed buyout of rival MEG Energy will unlock hundreds of millions of dollars in savings by consolidating their neighboring oil-sands operations in Alberta.

Reuters · 5h

Cenovus to acquire MEG Energy in C$7.9 billion deal in oil sands expansion

Canadian oil and gas producer Cenovus Energy said on Friday it will buy MEG Energy in a cash-and-stock deal valued at C$7.9 billion ($5.68 billion), including debt, to create one of the largest oil sands companies in Canada.

Business Insider · 6h

Cenovus announces agreement to acquire MEG Energy

Under the terms of the agreement, Cenovus will acquire all of the issued and outstanding common shares of MEG for $27.25 per share, which will be paid 75% in cash and 25% in Cenovus common shares. Each MEG shareholder will have the option to elect to receive,

5hon MSN

'Angry' Trump Sends Orban Handwritten Note Over Ukraine Oil Pipeline Attack

Donald Trump condemned Ukraine’s recent attack on the Druzhba oil pipeline, which undermines the energy security of two EU ...

2don MSN

As Nuclear Stalls, Oil Could Be the Surprise Winner. 3 Stocks to Buy Now.

As the summer doldrums set in, highflying sectors like technology may finally be due for a breather. The healthcare sector ...

1hon MSN

US EPA begins clearing backlog of oil refiner requests for biofuel rule waivers

The U.S. Environmental Protection Agency on Friday began clearing a backlog of requests from small oil refineries for ...

2don MSN

Gavin Newsom warms to Big Oil in climate reversal

For decades, the state has raced to end its reliance on fossil fuels. But now its last two refineries are closing, forcing a ...

Devon Energy: Maintaining Free Cash Flow Despite The Decline In Oil

Devon Energy is a BUY with strong free cash flow, disciplined spending, and growth potential despite lower oil prices. Read ...

2don MSN

China snaps up Russian oil as Indian demand drops following Trump tariffs

Chinese refineries have moved to secure Russian oil shipments as demand from India for Moscow’s crude drops amid threats of ...

15h

Video shows aftermath of Ukrainian drone strikes on oil pumping station in Russia's Bryansk Oblast

Ukrainian drones struck the Unecha oil pumping station in Russia's Bryansk Oblast on Aug. 21, the commander of Ukraine's ...

Prices Are Rising, but Not for Oil and Gas

Plentiful supply and weak demand has helped bring down fuel prices, which President Trump has often cited as a measure of his ...

Capital & Main14m

Oil and Gas Forecast for New Mexico’s San Juan Basin: Going, Going

An updated Bureau of Land Management report offers a mixed outlook for oil and gas production in the state’s second largest ...

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Oil set for weekly gains

Cenovus Energy to Buy MEG Energy in C$7.9B Oil-Sands Tie

'Angry' Trump Sends Orban Handwritten Note Over Ukraine Oil Pipeline Attack

As Nuclear Stalls, Oil Could Be the Surprise Winner. 3 Stocks to Buy Now.

US EPA begins clearing backlog of oil refiner requests for biofuel rule waivers

Gavin Newsom warms to Big Oil in climate reversal

Devon Energy: Maintaining Free Cash Flow Despite The Decline In Oil

China snaps up Russian oil as Indian demand drops following Trump tariffs

Video shows aftermath of Ukrainian drone strikes on oil pumping station in Russia's Bryansk Oblast

Prices Are Rising, but Not for Oil and Gas

Oil and Gas Forecast for New Mexico’s San Juan Basin: Going, Going

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