3 h. ago India’s Energy Index Struggles at Key Level With Rising Oil Prices

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

Economics

20 h. ago OPEC Says Output Hike Tempered by Compensation From Quota Cheats

Key OPEC+ nations added less oil to the market last month than the headline figure of its output plan, as the cartel’s leadership pushed members to atone for earlier over-production.

Other

58 h. ago Israel, Iran Trade Blows for Third Day With No Sign of Letup

Israel and Iran continued intense bombardments on one another’s territories for the third day, with no sign of a reprieve and growing concerns over a wider conflict in one of the world’s key oil-producing regions.

Economics

6 d. ago Australia sends crews to help Canada in its fight against wildfires

As wildfires burn from northwest Ontario to British Columbia, Canada is getting help from firefighters in Australia with a 96-personnel-strong contingent deployed.

Events

6 d. ago ’When our mates need help, Australia is there’; Canada gets help fighting wildfires

As wildfires continue to burn from northwest Ontario to British Columbia, Canada is getting help from near and far, and very far. Southern Highlands – New South Wales Rural Fire Service in Australia says a 96-personnel-strong Australian contingent of firefighters and specialists have deployed to Canada for five weeks. The service says the deployment is […]

Events

1 week ago New York City’s poor air quality set to worsen on Canada fire smoke

Wednesday’s safety alerts are mostly linked to urban pollution

Events

1 week ago Smoke from western wildfires to blame for hazy southern Ontario skies

In northern Ontario, air quality warnings have been issued by Environment Canada in connection to forest fires, but the southern part of the province has been impacted as well.

Events

1 week ago Key US Oil Gauges Strengthen as Canada Fires Imperil Vital Flows

Key gauges of US oil market strength are soaring as wildfires in Canada risk flows to critical American storage hubs, limiting the impact of OPEC+ supply increases.

Events

2 w. ago Cooler temperatures, intermittent rain could help northern Manitoba firefighters

Cooler-than-usual temperatures are in the forecast for parts of northern Manitoba by mid-week -- which could prove beneficial for firefighting efforts in the region.

Events

2 w. ago HAUBRICH: Canadians want Carney to focus on gun smuggling, not gun bans

Most Canadians want Prime Minister Mark Carney to focus on stopping illegal guns from getting into Canada, instead of taking firearms from licensed Canadian gun owners through Ottawa’s so-called gun ban and buyback.  Recent Leger polling shows 55% of Canadians think the best way to reduce gun crime in Canada is to focus on stopping the smuggling […]

Events

2 w. ago Kazakhstan Mulls Building Key Gas Refinery Without Oil Majors

Kazakhstan is considering building a natural gas refinery at the Karachaganak oil field by itself, after the cost of the development proposed by international oil companies ballooned to about $6 billion, according to people familiar with the matter.

Politics

3 w. ago Separatists want to ‘hold Poilievre’s feet to the fire’ in Alberta byelection bid

'You could almost run a straw bale in our riding under the Conservative flag and that would get elected'

Events

3 w. ago Canada summons ambassador after Israeli army fires shots near 4 Canadian diplomats

OTTAWA — Canada is summoning the Israeli ambassador to explain why Israel Defense Forces fired warning shots near a diplomatic tour in the West Bank on Wednesday. Prime Minister Mark Carney called the situation “totally unacceptable” and said Canada expects an explanation of what happened. “It’s some of many things that are totally unacceptable that’s […]

Events

3 w. ago Canada summons Israeli ambassador over shots fired towards four Canadian diplomats

On Wednesday morning, the Israeli Defence Forces confirmed that its soldiers had fired 'warning shots'

Events

3 w. ago Canada summons Israel’s ambassador after diplomats fired at in West Bank

Foreign Affairs Minister Anita Anand said four Canadians were part of a delegation touring the city of Jenin when Israeli Defence Forces fired warning shots in their vicinity.

Events

4 w. ago Fires prompt state of emergency in Northern Quebec community plagued by water shortage

Residents of Puvirnituq, an Inuit village, have been without consistent water deliveries for about two months after a water main froze in mid-March

Events