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…

Read Article


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…

Read Article


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…

Read Article


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.…

Read Article


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…

Read Article


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…

Read Article


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…

Read Article


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…

Read Article


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…

Read Article


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.…

Read Article


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…

Read Article


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.…

Read Article

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.