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by Stockwatch Business Reporter

West Texas Intermediate crude for August delivery added 40 cents to $68.33 on the New York Merc, while Brent for September added 57 cents to $70.15 (all figures in this para U.S.). Western Canadian Select traded at a discount of $12.60 to WTI, down from a discount of $12.20. Natural gas for August lost seven cents to $3.34. The TSX energy index added 5.67 points to close at 270.77.

Here in Canada, Alberta Premier Danielle Smith and Ontario Premier Doug Ford have signed two memorandums of understanding aimed at "unlocking new markets for Ontario's critical minerals and Western Canada's oil and gas." Specifically, they plan to work together to try to fast-track oil and gas pipelines, other energy infrastructure (including nuclear), railway connections, and mining and manufacturing projects. They will also badger Ottawa (even more than they already do) about repealing or amending investment-stifling laws such as the B.C. tanker ban and the federal emissions cap.

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