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Oil pares gain in rangebound trading ahead of Fed decision

Wednesday, November 2, 2022, 6:22 AM MDT

Oil traded near $88 a barrel ahead of a Federal Reserve interest rate decision and after an industry report pointed…

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BP reaps ‘exceptional’ gas trading result after price surge

Tuesday, November 1, 2022, 6:49 AM MDT

BP plc’s natural gas division racked up an “exceptional” third quarter, with sales more than tripling after prices for the…

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G20 spent almost $700 billion supporting fossil fuels last year

Tuesday, November 1, 2022, 6:42 AM MDT

The Group of 20 nations spent $693 billion supporting the fossil fuel industry last year, slowing progress towards global climate goals,…

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Oil advances with broader market rally ahead of rate decisions

Tuesday, November 1, 2022, 6:26 AM MDT

Oil gained as the dollar weakened and equities rallied before interest-rate decisions by major central banks. West Texas Intermediate futures climbed to…

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Biden chides Exxon CEO over investor payouts as profits surge

Monday, October 31, 2022, 7:08 AM MDT

U.S. President Joe Biden took the CEO of America’s biggest oil company to task for rewarding investors instead of cutting…

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India says higher oil prices would backfire on producers

Monday, October 31, 2022, 6:53 AM MDT

India’s oil minister said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any…

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Europe faces ‘big hit’ from loss of Russia oil, says Italy’s Eni

Monday, October 31, 2022, 6:44 AM MDT

Europe will have to rely on extra oil from the U.S. next year to make up for a loss of…

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Oil set for monthly gain before OPEC+ begins cutting output

Monday, October 31, 2022, 6:39 AM MDT

Oil fell as weak economic data from China fanned concerns about energy demand, but it was still set for the…

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Biden urges oil companies to cut prices after Shell’s profit doubled

Friday, October 28, 2022, 6:39 AM MDT

President Joe Biden criticized record energy company profits after Shell plc announced its second-highest earnings ever while raising its dividend…

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Oil trims weekly gain as broader sell-off dents sentiment

Friday, October 28, 2022, 6:36 AM MDT

Oil pared its weekly gain as investors shied away from risky assets on a dimming outlook for China and the…

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Oil fluctuates as record US exports buoy global demand outlook

Thursday, October 27, 2022, 6:38 AM MDT

Oil fluctuated after the US reported record exports of crude and fuel, while recent weakness in the dollar made commodities…

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CN Rail boosts full-year guidance as freight prices jump

Wednesday, October 26, 2022, 6:52 AM MDT

Canadian National Railway Co. raised its earnings outlook for the year as it reaps the benefits of a strong US…

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