Oil
Oil Breaches $100 as Middle East Conflict Halts Strait of Hormuz Traffic
The world’s energy arteries are experiencing a severe case of geopolitical plaque. With the Strait of Hormuz effectively transformed into a no-go zone amid the escalating military conflict between the US, Israel, and Iran, global crude oil prices have …
The $100 Oil Catalyst: Rick Rule and Eric Nuttall on the Middle East Crisis Exposing Decades of Underinvestment
Wall Street’s favourite parlor game usually involves guessing which tech CEO will promise the most revolutionary AI disruption by next Tuesday. Yet, while the broader market debates the precise timeline of a utopian green energy transition, the unglamorous, …
Oil Prices Surge to $90 as US Demands 'UNCONDITIONAL SURRENDER!'
The drums of war are beating to a frantic, unrelenting rhythm, and the global economy is being dragged reluctantly onto the dance floor. As the conflict between the United States, Israel, and the Islamic Republic of Iran enters its seventh bloody day, …
Crude Awakening: Middle East Conflict Chokes the Strait of Hormuz and Sends Energy Markets Scrambling
Global energy markets are practically sweating crude this week. The Middle East is officially boiling over, and the international energy supply chain is bearing the immediate brunt of the heat. As the armed conflict involving Iran, the United States, and …
TSX Outpaces Wall Street as Oil and Gold Rallies Fuel Canadian Markets
Forget the tech-heavy narratives that usually dominate the morning chatter; today is a masterclass in why Canada’s resource-centric market is built to weather geopolitical storms. While Wall Street digests hawkish undertones from the U.S. Federal Reserve, the …
Staring Down the Barrel: Bears Scramble as U.S. Carriers Crush the Oversupply Bet
It turns out that geopolitical risk is a lot like a dormant volcano: you can ignore it for months while enjoying the view, but when it starts smoking, you suddenly remember exactly where the exit is. For the better part of late 2025, oil traders were seemingly …
Eric Nuttall and the Temple of Boom: Escaping the ‘Death Zone’ of $50 Oil
If you have been enjoying the relative calm of recent energy prices, Eric Nuttall suggests you might want to get comfortable with a new, much more expensive reality. The senior portfolio manager at Ninepoint Partners believes the global market has been lulled …
JPMorgan Reshuffles Oil Sands Bets: Upgrades Suncor, Downgrades Cenovus
Wall Street has officially flipped the script on the Canadian oil patch. If you were riding the wave of broad Canadian outperformance in 2025, JPMorgan analyst Arun Jayaram has a sobering message for your portfolio: the easy money has been made, and it is time …
Carney at the Pump: Filling the Red Dragon’s Empty Tank
For a leader who spent much of his career warning about the "stranded assets" of the fossil fuel age, Prime Minister Mark Carney has found himself in a deliciously ironic position: the savior of China’s heavy crude supply chain. It turns out that when the …
Canadian Oil Investors Call Trump’s Venezuela Strategy "Dead Wrong"
If you listened to the political chatter coming out of Washington last week, the Canadian energy sector was supposed to be shaking in its boots. Following the dramatic capture of Venezuela’s president, the White House signaled a grand pivot, suggesting that …