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Updated: 27 min 56 sec ago

The day oil was worth less than $0 — and nobody wanted it

Tue, 04/21/2020 - 01:00

The markets have been excessively volatile since the pandemic began, but on Monday the truly unthinkable happened — oil prices turned negative.

Crude storage is filling fast as demand tumbles, piling pressure on oilpatch

Mon, 04/20/2020 - 08:56

From Oklahoma to Alberta and around the globe, oil storage is filling quickly — flowing into tank farms, tanker ships and salt caverns.

Oil price plunges to lowest level since 1999 as world drowns in oversupply

Mon, 04/20/2020 - 05:59

Oil prices plunged on Monday because storage facilities around the world are filling up with crude there's no demand for as the global economy is locked down by COVID-19.

Finally, good news for renters as prices are expected to lead property decline: Don Pittis

Mon, 04/20/2020 - 01:00

Locked-in residential construction projects and demand pummelled by unemployment, plus declines in both immigration and non-resident work permits, could jolt a rental market already stressed by over-borrowing.

Shop owners frantically launch online stores to stay open during pandemic

Mon, 04/20/2020 - 01:00

Many shops across the country are hurrying to launch online sales or expand their offerings to keep their businesses operating and meet customer demand. Still, the process can be challenging and time-consuming.


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