Markets & Investment

Oil set for weekly gain as tight markets offset slowdown fears

Friday, July 29, 2022, 6:35 AM MDT

Oil headed for a weekly increase on signs of tight physical supply but remained down this month amid persisting fears…

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Shell CEO sees risk of even higher oil prices on tight supply

Thursday, July 28, 2022, 6:41 AM MDT

Oil prices are more likely to rise than fall as the tightness in supply outweighs any risks to demand, said…

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Oil extends gains with support from Fed and demand outlook

Thursday, July 28, 2022, 6:37 AM MDT

Oil extended gains after a big draw in US crude inventories, while the prospect of a slower pace of interest-rate…

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Oil climbs as US crude stockpiles shrink ahead of Fed decision

Wednesday, July 27, 2022, 6:31 AM MDT

Oil rose as industry data signaled a big drop in US crude inventories ahead of an expected interest-rate hike by…

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Oil slips as investors weigh demand outlook ahead of Fed meet

Tuesday, July 26, 2022, 6:19 AM MDT

Oil advanced for a second session as signs of a tight physical crude market offset concerns about an economic slowdown.…

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Saudi Arabia and Iraq come to the aid of Europe’s oil refiners

Friday, July 22, 2022, 6:51 AM MDT

Saudi Arabia and Iraq are diverting more and more of their crude oil toward Europe, helping the continent’s oil refineries…

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Crude fluctuates amid soft European economic data

Friday, July 22, 2022, 6:45 AM MDT

Oil swung between gains and losses after European economic data missed estimates, fanning concerns of an economic slowdown. WTI for…

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Turbine for Nord Stream 1 is still in transit in Germany

Friday, July 22, 2022, 6:32 AM MDT

A gas turbine for the operation of Gazprom PJSC’s Nord Stream 1 pipeline that’s the main route of gas transport…

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Oil slumps with stuttering US fuel demand, Libya ramp up

Thursday, July 21, 2022, 6:33 AM MDT

Oil slid as investors assessed signs of lackluster US gasoline demand and the return of supplies from Libya. West Texas…

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Oil declines ahead of US stockpile data amid choppy trading

Wednesday, July 20, 2022, 6:40 AM MDT

Oil fell after a three-day climb as investors weighed data that pointed to an increase in US inventories.  Brent futures,…

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Iraq oil minister sees crude over $100 a barrel this year

Tuesday, July 19, 2022, 6:23 AM MDT

Oil will trade at more than $100 a barrel for the rest of the year and stay high for the…

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Oil slumps back toward $100 in listless summer trading

Tuesday, July 19, 2022, 6:20 AM MDT

Oil slipped back toward $100 a barrel after posting the biggest one-day advance since May as a volatile run in…

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