Markets & Investment
Oil jumps as OPEC+ mulls biggest production cut since pandemic
Monday, October 3, 2022, 6:41 AM MDT
Oil surged near $83 a barrel on indications the OPEC+ alliance is considering slashing production by more than 1 million…
Oil pares drop with OPEC+ cuts weighed against growth outlook
Thursday, September 29, 2022, 6:31 AM MDT
Oil traded near $82 a barrel as traders weighed a clouded outlook for global economic growth against the potential for…
Oil pares slump with dollar volatile and supply in focus
Wednesday, September 28, 2022, 6:22 AM MDT
Oil erased earlier losses amid volatility in the US dollar and a focus on whether producer nations might curb output…
Suncor to buy back debt after oil drop, ratings downgrade
Tuesday, September 27, 2022, 6:31 AM MDT
Suncor Energy Inc. is pushing ahead with a bond buyback as oil prices near this year’s lows amid recession worries.…
Goldman slashes oil price forecasts but says it remains bullish
Tuesday, September 27, 2022, 6:22 AM MDT
Goldman Sachs Group Inc. sharply lowered its oil price forecasts amid increasing signs of a global economic slowdown, but said…
Oil climbs from lowest since January with dollar’s rally paused
Tuesday, September 27, 2022, 6:20 AM MDT
Oil rebounded after hitting the lowest level since early January as a rally in the dollar paused, buoying crude even…
Oil falls as ‘wrecking ball’ dollar piles on commodity losses
Monday, September 26, 2022, 6:24 AM MDT
Oil dropped again, with Brent sliding below $85 a barrel at one point, as the dollar’s surge and mounting recessionary…
Oil set for fourth weekly loss with rate hikes darkening outlook
Friday, September 23, 2022, 6:32 AM MDT
Oil headed for the longest stretch of weekly losses this year as central banks around the world stepped up their…
Canada's environment minister does not jump to take up UN call for windfall taxes
Friday, September 23, 2022, 6:20 AM MDT
Environment Minister Steven Guilbeault isn't warming to the idea of combating climate change by imposing a windfall tax on the…
Oil climbs as softer dollar offsets concerns of global slowdown
Thursday, September 22, 2022, 6:32 AM MDT
Oil rose as the dollar declined and investors weighed the demand outlook following another interest-rate hike from the Federal Reserve.…
Oil jumps after Putin orders partial mobilization of troops
Wednesday, September 21, 2022, 6:24 AM MDT
Oil rallied after Russian President Vladimir Putin ordered a partial mobilization to hold onto occupied territories in Ukraine, an escalation…
Oil creeps higher ahead of looming central bank rate hikes
Tuesday, September 20, 2022, 6:29 AM MDT
Brent oil edged higher toward $93 ahead of several global interest-rate decisions that are expected to see further monetary tightening.…
