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Oil Market Daily News Commentary - The U.S. Energy Information Administration now expects Brent crude to average $96.32 a barrel in 2026 and $83.74 in 2027, up from $91.01 and $73.74 a month ago, according to its October Short-Term Energy Outlook released this week. It is the third consecutive increase for both years, and the agency sees Brent averaging about $105 in the fourth quarter. Oil companies spent the week putting that price environment to work, announcing four separate transactions in
Oil prices recently jumped about 4% after the US ruled out a deal with Iran to end the war, tanker attacks picked up, and hurricanes disrupted Gulf of Mexico output. Higher crude can quickly ripple through Canadian energy earnings and cash flows, which tends to sharpen investor interest. This piece walks through three Canadian oil and gas stocks from our screener that many investors are watching right now. The three stocks covered below are only a starter set, since the full Oil and Gas...
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