April 17, 2019 / 5:55 PM / 7 months ago

BUZZ-Canadian oil stocks rise after pro-energy party wins in Alberta

** Shares of Canadian oil producers rise after pro-energy party wins landslide victory in the country’s main oil-producing province of Alberta

** United Conservative Party (UCP) leader Jason Kenney has backed measures to prop up the province’s energy industry as it struggles with pipeline congestion ** Cenovus Energy up 2.8%, Suncor Energy up 1.2%, MEG Energy up 2.4%, Canadian Natural Resources up 2.5%

** On YTD basis; CVE up ~42%, SU up ~18%, MEG down ~15%, CNQ up ~30% (Reporting by John Benny in Bengaluru)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below