market news: energy

oil, gas, opec+, energy infrastructure and shipping: what happened and how it moves markets.

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energy

Extra Diesel Supplies Could Squeeze Refiners’ Margins

European reserve releases and increased Russian diesel flows to the U.S. may lower fuel prices while weakening refinery profitability.

European dieselU.S. dieselRefining marginsCrude oilFreight rates
energy

IPC repurchases 107,393 shares under NCIB

International Petroleum Corporation said it bought 107,393 shares on the TSX and Nasdaq Stockholm under its ongoing normal course issuer bid.

IPCOTSXNasdaq Stockholm