Markets & Investment
Oil pares weekly gain as traders assess outlook for demand
Friday, August 12, 2022, 6:27 AM MDT
Oil fell on Friday but was still on course for a weekly gain as traders weighed the prospects of higher…
Oil demand accelerates as gas crisis spurs switch, IEA says
Thursday, August 11, 2022, 7:04 AM MDT
The International Energy Agency boosted its forecast for global oil demand growth this year as soaring natural gas prices and…
Oil advances as IEA boosts demand outlook on fuel switching
Thursday, August 11, 2022, 6:38 AM MDT
Oil gained after the International Energy Agency boosted its forecast for global demand growth this year. West Texas Intermediate rose…
Oil drops as Russia prepares Druzhba return, US stockpiles build
Wednesday, August 10, 2022, 6:22 AM MDT
Oil fell in another choppy session as flows through a major pipeline from Russia to Europe looked set to resume…
Oil rallies after Russian flows halted via key pipe to Europe
Tuesday, August 9, 2022, 6:33 AM MDT
Oil reversed an earlier decline as Russian shipments via the southern leg of a major pipeline to Europe were suspended.…
Download: The latest M&A deals and what’s stifling activity
Tuesday, August 9, 2022, 6 AM MDT
High oil and gas prices continue to stifle market activity when it comes to E&P deal-making. Evaluate Energy’s latest infographic…
Cenovus Energy to buy remaining stake in Toledo refinery from BP for $300 million
Monday, August 8, 2022, 2:53 PM MDT
Cenovus Energy Inc. has signed a US$300-million deal that it says marks another step forward in its long-term strategy to…
Oil endures choppy start to week with demand concerns in focus
Monday, August 8, 2022, 6:25 AM MDT
Oil swung between gains and losses in volatile summer trading as investors continue to weigh the potential hit to demand…
Oil suffers deep weekly loss as concerns over demand intensify
Friday, August 5, 2022, 6:46 AM MDT
Oil headed for the biggest weekly decline since early April on increasing evidence that a global economic slowdown is curbing…
Oil steadies after plunge as traders grapple with demand concern
Thursday, August 4, 2022, 6:27 AM MDT
Oil steadied after plunging to the lowest close in almost six months as investors weighed weaker US gasoline demand and…
Oil turns higher as OPEC+ agrees to miniscule production hike
Wednesday, August 3, 2022, 6:36 AM MDT
Oil rallied as the Organization of Petroleum Exporting Countries agreed to a small production increase in September. West Texas Intermediate…
Oil fluctuates near $94 with OPEC+ meeting looming on market
Tuesday, August 2, 2022, 6:35 AM MDT
Oil swung between gains and losses, after closing at the lowest level in more than five months, as traders counted…
