Help us signs a contract for 20 new planes with an option airbus signs a contract for 20 new planes with an option for more. The ceo tells us he is confident emirates will continue flying high despite pressures facing regional customers. It is 8 00 a. M. In dubai. This is Bloomberg Markets middle east. I am yousef gamal eldin. We are off to a cautious start. Ive rebound in selective markets in the asian equity session. Gmm is your function. Quite a bit of strength on the kospi. India up. 8 . The backdrop is a weaker u. S. Dollar, and notably so. It is in the bottom of your second column on your bloomberg. Investors on edge after an inquiry into the financial system. The sovereign bond and commodities space, two things to point out. Comeback,al making a rubber up, downside on zinc. Energy, the bearish data did come out on friday with more rigs added to the u. S. Production story. Wti rebounding, up 1. 1 . A little bit of that coming through from the weaker dollar. Gold, that key inflati
Premium Content
Is This The End Of Alberta’s Oil Industry? By Irina Slav - Jan 27, 2021, 5:00 PM CST
A week ago, President Joe Biden did what many in Alberta feared: he revoked the permit for the Keystone XL pipeline on his first day as President, no less. The move angered many in Alberta. After all, oil producers in the province are already starved for pipelines, and TV Energy had just started inviting bids for capacity on the new pipeline.
Alberta Premier Kenney called the revocation a gut punch and an insult, and threatened to sue. Meanwhile, Federal PM Justin Trudeau expressed mild disappointment. Just a few days later, the Alberta Energy Regulator reported record-high oil sands production at the end of last year.