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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
