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…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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…
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…
