Markets & Investment

Oil holds gains with energy shortage boosting winter demand

Tuesday, October 12, 2021, 6:29 AM MDT

Oil in New York held above $80 a barrel on expectations that a power crisis from Asia to Europe will…

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Oil heading for seventh weekly gain with WTI nearing $80

Friday, October 8, 2021, 6:46 AM MDT

Oil headed for a seventh weekly gain, the longest such run since December, as a global energy crunch roils markets…

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Canadian oil exports to the U.S. jump with new pipeline startup

Thursday, October 7, 2021, 6:38 AM MDT

Canadian oil shipments to the U.S. jumped to the highest volume since the start of the year thanks in part…

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Oil extends drop from 7-year high as Russia offers gas reprieve

Thursday, October 7, 2021, 6:25 AM MDT

Oil extended losses after Russia offered to ease Europe’s natural gas crisis and traders weighed the prospect of the U.S.…

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Oil erases earlier gain on markets slump and inventory build

Wednesday, October 6, 2021, 6:37 AM MDT

Oil erased an earlier gain to trade little changed as wider markets were pressured by risks to global growth.  West…

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Oil rises to new seven-year high as OPEC+ sticks to output plan

Tuesday, October 5, 2021, 6:26 AM MDT

Oil rose to a new seven-year high after OPEC+ chose to keep supplies fairly tight even as the world grapples…

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Oil prices hit seven year highs; US$100 oil possible this winter, experts say

Tuesday, October 5, 2021, 6:06 AM MDT

Crude oil worth US$100 per barrel could be possible this winter, according to industry experts who have been watching prices…

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OPEC+ will drive oil prices over coming months, says Vitol

Monday, October 4, 2021, 6:23 AM MDT

The OPEC+ cartel’s production policy will be the main factor influencing oil prices over the coming months, according to Vitol…

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Oil holds near $76 ahead of OPEC+ meeting on supply policy

Monday, October 4, 2021, 6:15 AM MDT

Oil flipped between gains and losses ahead of an OPEC+ meeting on Monday to discuss production policy amid a rapidly…

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The surge in natural gas prices is equal to a $190 oil shock

Friday, October 1, 2021, 6:31 AM MDT

The deepening global energy crunch has pushed natural gas in Europe and Asia to the equivalent of about $190 a…

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Oil slips with market digesting China’s order to secure supplies

Friday, October 1, 2021, 6:26 AM MDT

Oil dipped as risky assets started the fourth quarter on a downbeat note.  Futures in New York were down 0.6…

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OPEC long-term outlook with crude at 3-year highs: rosy

Wednesday, September 29, 2021, 7:14 AM MDT

While acknowledging the inevitable advance of alternative energy sources and technology, OPEC said that oil would be the leading energy source for…

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