Markets & Investment

OPEC sees oil demand growth to 2035 unchecked by climate fight

Tuesday, September 28, 2021, 6:58 AM MDT

OPEC sees oil demand continuing to grow to the middle of next decade, even as world leaders prepare for another…

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BP sees oil demand at pre-virus levels in third quarter of 2022

Tuesday, September 28, 2021, 6:20 AM MDT

Global oil consumption is expected to return to pre-pandemic levels in the third quarter of 2022, with Asia continuing as…

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Brent oil soars above $80 as global energy crunch shakes markets

Tuesday, September 28, 2021, 6:15 AM MDT

Brent oil roared above $80 a barrel, the latest milestone in a global energy crisis, on signs that demand is…

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CNOOC plans $5.4 billion Shanghai listing after U.S. sanctions

Monday, September 27, 2021, 6:57 AM MDT

CNOOC Limited plans to raise 35 billion yuan ($5.4 billion) by listing on the Shanghai Stock Exchange, the company said…

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Total sees oil demand peaking before 2030 in clean-power switch

Monday, September 27, 2021, 6:40 AM MDT

French energy giant TotalEnergies SE expects global oil demand to peak before the end of this decade, sooner than it…

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Oil extends gains as WTI jumps above $75 on global energy crunch

Monday, September 27, 2021, 6:17 AM MDT

Oil rallied at the start of the week’s trading on signs that the crude market is tightening amid a global…

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Oil rises from highest since 2018 with global markets tightening

Friday, September 24, 2021, 6:21 AM MDT

Oil held gains near the highest since 2018 amid a global energy crunch that’s set to increase demand for crude,…

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Canadian office vacancy rate hits highest level since 1994 in third quarter

Thursday, September 23, 2021, 7:14 AM MDT

CBRE Group Inc. says the national office vacancy rate hit 15.7 per cent in the third quarter for the highest…

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Oil falls from two-month high as China Evergrande fears loom

Thursday, September 23, 2021, 6:19 AM MDT

Oil edged down from its highest close in almost two months amid ongoing concerns about the risk to markets from…

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OPEC nations warn of oil market turbulence from gas crisis

Wednesday, September 22, 2021, 6:35 AM MDT

As the global natural gas crunch hits suppliers and consumers alike, OPEC nations are warning of the knock-on impact for…

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Iraq warns of oil demand rising as global gas crisis worsens

Wednesday, September 22, 2021, 6:33 AM MDT

Iraq warned that oil demand will probably rise as the supply crunch in natural-gas markets forces consumers to look for…

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Oil gains on signs of sliding U.S. inventories ahead of Fed

Wednesday, September 22, 2021, 6:17 AM MDT

Oil rallied after a U.S. industry report showed another big draw in crude inventories, pointing to a tightening market, and…

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