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…

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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…

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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…

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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…

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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.…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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