Markets & Investment
OPEC+ fails to agree on output-hike delay before big meeting
Sunday, November 29, 2020, 7:28 PM MST
A panel of OPEC+ ministers couldn’t reach an agreement on whether to delay January’s oil-output increase, leaving the matter unresolved…
OPEC+ calls last-minute talks ahead of decision on oil cuts
Friday, November 27, 2020, 6:08 AM MST
Saudi Arabia and Russia summoned the OPEC+ alliance for last-minute talks on Saturday, just before it’s due to decide whether…
Oil near $48 with OPEC+ planning weekend talks on output cuts
Friday, November 27, 2020, 6:08 AM MST
Brent oil edged higher near $48 with market focus shifting to an OPEC+ ministerial gathering that will take place early…
Oil slips from 8-month high with rally grinding to a halt
Thursday, November 26, 2020, 6:46 AM MST
Oil fell from an eight-month high as the dollar recovered, while disparities in demand set the stage for OPEC+’s key…
Alberta finance minister says outlook improves but budget deficit $21.3 billion
Wednesday, November 25, 2020, 7:12 AM MST
Finance Minister Travis Toews says COVID-19 will affect Alberta's economy for the next couple of years and perhaps beyond, but…
Oil advances from eight-month high on demand optimism
Wednesday, November 25, 2020, 6:37 AM MST
Oil extended gains, trading at its highest level since March, on mounting optimism that recent breakthroughs on a COVID-19 vaccine…
Oil highest since March on vaccine progress, Biden transition
Tuesday, November 24, 2020, 6:59 AM MST
Oil traded at its highest level since March as markets broadly rallied on the start of the U.S. presidential transition…
Oil rises to 12-week high on COVID vaccination optimism
Monday, November 23, 2020, 6:38 AM MST
Oil touched its strongest level since early September as signs that COVID-19 vaccinations in the U.S. could be underway within…
Oil rises, set for weekly gain, on COVID-19 vaccine optimism
Friday, November 20, 2020, 6:18 AM MST
Oil rose, heading for a third weekly gain, as positive COVID-19 vaccine developments offered bulls encouragement about the market’s prospects…
Oil falls with virus measures tightening, OPEC+ cracks appearing
Thursday, November 19, 2020, 6:47 AM MST
Oil dropped from a two-month high after U.S. coronavirus restrictions tightened and cracks emerged in the united front presented by…
Oil rises on further vaccine progress, stronger Asian demand
Wednesday, November 18, 2020, 6:31 AM MST
Oil rose on expectations that further progress in vaccines against coronavirus will revive global demand, and amid signs of…
Oil near $41 with OPEC+ set to meet on output hike delay
Tuesday, November 17, 2020, 6:57 AM MST
Oil fluctuated near $41 a barrel as the dollar fell and traders weighed the potential for OPEC+ to delay a…