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After a year, we finally know who went on a buying spree

Peak oil demand does not mean peak oil prices

Article content The seismic collapse of oil prices that began one year ago left weakened Canadian energy companies vulnerable to the pressures of consolidation. Will a sharp recovery in prices change that dynamic in 2021? We apologize, but this video has failed to load. Try refreshing your browser, or Varcoe: Energy consolidation escalates as rising oil price eases urgency Back to video Two different takeover deals are providing insight into how companies — and investors — see M&A activity playing out this year. Inter Pipeline Ltd. is trying to fend off a hostile bid from Brookfield Inf...

An oil glut coupled with a virus-induced freefall in global demand sent energy stocks spiraling a year ago. Now, as the world begins to recover from the pandemic, oil bulls who stayed the course are enjoying big returns.

(Bloomberg) -- An oil glut coupled with a virus-induced free-fall in global demand sent energy stocks spiraling a year ago. Now, as the world begins to recover from the pandemic, oil bulls who stayed the course are enjoying big returns.The move is turning some fund managers’ gaze back to Canada, where oil producers were clobbered a year ago, with even blue-chip names such as Suncor Energy Inc. losing two-thirds of their value in a matter of weeks.Improved Canadian oil pricing and fewer worries about pipeline capacity has funds such as Bison Interests LLC redeploying capital away from U....