World oil prices fell on Friday in the wake of weaker-than-expected US jobs data and at the end of a volatile week for global financial markets.read more »
New York's main futures contract, light sweet crude for delivery in March, was up 48 cents at $77.71 a barrel. Brent North Sea crude for March gained 60 cents to $76.66.read more »
Riding stronger oil prices, Alberta’s energy sector is expected to start pumping out stronger profits in financial results that begin in earnest this week. Stronger crude prices are expected to help boost oil producers’ bottom lines, but natural gas producers and refiners will be stung by weak markets and lower margins, analysts say.read more »
