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…

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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…

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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,…

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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…

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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.…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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