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Enbridge buying Spectra in $28 billion dealCanada's Enbridge said on Tuesday it would buy Spectra Energy Corp of Houston in an all-stock deal valued at about $28 billion (C$37 billion) to create the largest North American energy infrastructure company. The takeover, th More… |
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Oil retreats towards $74 ahead of Fed meetingOil fell on Tuesday, resuming last week's trend and erasing part of the previous session's gain of 1.6 per cent, on lingering worries about the US economy ahead of a Federal Reserve meeting later in the day. US crude for October fell dispr More… |
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Oil falls as US pipeline seen restartingOil fell for a second day on Wednesday as Enbridge prepared to restart the biggest Canada-US crude pipeline, raising expectations of a short-lived shutdown that would limit the drainage of record-high inventories. US crude for October fell More… |
