Markets & Investment

IEA sees tighter oil market as demand withstands omicron wave

Wednesday, January 19, 2022, 6:58 AM MST

Global oil markets look tighter than previously thought as demand suffers surprisingly little impact from the latest coronavirus strain while…

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Oil hits fresh seven-year high as IEA turns bullish on outlook

Wednesday, January 19, 2022, 6:42 AM MST

Oil climbed to the highest since October 2014 as the International Energy Agency said the market looked tighter than previously…

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OPEC sees oil market ‘well-supported’ by robust demand

Tuesday, January 18, 2022, 6:36 AM MST

OPEC expects global oil markets to remain “well-supported” this year by robust demand, maintaining the confident outlook that has allowed…

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Brent oil jumps to highest since 2014 as physical market booms

Tuesday, January 18, 2022, 6:34 AM MST

Brent oil surged to the highest level in seven years as robust demand and strained supplies make physical markets run…

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Brent oil trades near highest since 2014 on tightening market

Monday, January 17, 2022, 6:20 AM MST

Brent oil traded near the highest intraday level since 2014 as the market tightened and concerns about the impact of…

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Diesel markets are soaring all over the world

Friday, January 14, 2022, 7:04 AM MST

Diesel markets are jumping everywhere, a positive indicator for oil prices more widely. In Asia, the lowest inventories in years…

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IEA says oil demand dynamics are proving stronger than expected

Friday, January 14, 2022, 6:46 AM MST

Global oil demand has proven stronger than expected as the latest coronavirus variant inflicts a softer hit to the economy…

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Oil powers into the new year as traders shrug off omicron impact

Friday, January 14, 2022, 6:32 AM MST

Oil headed for a fourth straight weekly gain, the longest streak since October, on signs that the market is tightening…

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Imperial to market Montney, Duvernay assets in central Alberta

Thursday, January 13, 2022, 6:07 AM MST

Imperial Oil Limited says it intends to market its more than 260,000 hectares of assets in the Montney and Duvernay…

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Oil trades near two-month high as U.S. stockpiles seen lower

Wednesday, January 12, 2022, 6:27 AM MST

Oil was near its highest level since November, as the Federal Reserve soothed expectations of tighter policy and industry estimates…

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Oil rallies with equity markets before U.S. releases energy data

Tuesday, January 11, 2022, 6:34 AM MST

Oil recovered as European equities bounced back, with crude continuing to follow the fortunes of wider markets in the first…

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Oil swings as easing supply issues wrestle with strong demand

Monday, January 10, 2022, 6:32 AM MST

Oil fluctuated after recording the biggest weekly gain in a month as supplies returned in Kazakhstan while production in Libya…

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