Markets & Investment
Chevron to resume Venezuela oil output as U.S. eases sanctions
Monday, November 28, 2022, 6:07 AM MST
The Biden administration granted Chevron Corporation a license to resume oil production in Venezuela after U.S. sanctions halted all drilling…
Oil pares weekly drop as EU strives for price-cap compromise
Friday, November 25, 2022, 6:48 AM MST
Oil pared a third weekly loss as the European Union weighed a higher-than-expected price cap on Russian crude and economic…
Oil slumps with EU discussing Russia price cap at $65-$70
Wednesday, November 23, 2022, 6:50 AM MST
Oil tumbled again as the EU discussed imposing a price cap on Russian oil between $65 and $70 a barrel,…
Oil steadies after wild ride with Chinese demand, OPEC+ in focus
Tuesday, November 22, 2022, 6:23 AM MST
Oil futures were steady after a volatile run as investors juggled a clouded supply outlook and concerns over weaker demand…
Oil falls as China’s struggle with COVID blights demand outlook
Monday, November 21, 2022, 6:43 AM MST
Oil extended declines after the biggest weekly drop since August as China tightened anti-COVID curbs, hurting the outlook for demand.…
Oil set for steep weekly decline on worsening demand outlook
Friday, November 18, 2022, 6:29 AM MST
Oil was poised for a weekly loss of almost eight per cent as concerns over a softer demand outlook filtered through…
Trudeau ends Thailand visit pledging Asia energy cash, as North Korea sidetracks APEC
Friday, November 18, 2022, 6:18 AM MST
Prime Minister Justin Trudeau pledged Friday to expand trade in natural resources with like-minded countries while wrapping up his brief…
Oil drops on demand concerns as geopolitical risks ease
Thursday, November 17, 2022, 6:28 AM MST
Oil dipped as investors shifted their focus back to concerns over the demand outlook after geopolitical tensions eased. West Texas…
Oil fluctuates as swelling geopolitical risks whipsaw prices
Wednesday, November 16, 2022, 6:29 AM MST
Oil switched between gains and losses as a report of an attack on an oil tanker offered another injection of…
Oil slides below $85 a barrel amid clouded demand outlook
Tuesday, November 15, 2022, 6:41 AM MST
Oil extended losses as concerns over the near-term demand outlook overshadowed the risk of tightening supply heading into winter. West…
Oil extends rangebound run as traders eye China, dollar outlooks
Monday, November 14, 2022, 6:46 AM MST
Oil switched between gains and losses, as the market remains caught between the outlook for global growth and China’s easing…
Oil drops with China demand worries lingering and dollar gaining
Thursday, November 10, 2022, 5:47 AM MST
Oil dipped ahead of US inflation figures that will provide clues about the prospects for the world’s largest economy, while…