Canadian heavy crude prices and TransCanada Corp shares slid on Friday, the day after the Keystone pipeline spilled 5,000 barrels of oil in South Dakota as officials in Nebraska mulled whether to approve another pipeline proposed by the company.
London hedge fund giant Lansdowne Partners lost a long-term bet against Glencore this year after the spectacular recovery of the miner took some by surprise.
India’s New Delhi banned the burning of petroleum coke on Nov. 1, part of measures aimed at curbing air pollution, which last week reached 10 times the recommended limits.
Suncor Energy Inc. says it will spend between $4.5 billion and $5 billion in 2018 to deliver average upstream production of about 760,000 barrels of oil equivalent per day.