Markets & Investment

Oil drifts lower as swelling China Covid cases dampen sentiment

Tuesday, November 8, 2022, 6:09 AM MST

Oil slid as investors weighed China’s renewed commitment to strict anti-Covid policies. Brent crude dropped near $97 a barrel, after…

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Oil pares loss as dollar cools with focus on China Covid policy

Monday, November 7, 2022, 6:07 AM MST

Oil pared an earlier decline as a weaker dollar offset signals from China that there will be no relaxation of…

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Oil rallies with commodities on optimism over China Covid easing

Friday, November 4, 2022, 6:41 AM MDT

Oil jumped to the highest in more than three weeks as commodities and stocks in Asia rallied on optimism over…

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Oil drops as more rate hikes overshadow tightening fuel market

Thursday, November 3, 2022, 6:41 AM MDT

Oil fell after Federal Reserve Chair Jerome Powell said interest rates will go higher than earlier projected, overshadowing tightening supply.…

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Oil pares gain in rangebound trading ahead of Fed decision

Wednesday, November 2, 2022, 6:22 AM MDT

Oil traded near $88 a barrel ahead of a Federal Reserve interest rate decision and after an industry report pointed…

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G20 spent almost $700 billion supporting fossil fuels last year

Tuesday, November 1, 2022, 6:42 AM MDT

The Group of 20 nations spent $693 billion supporting the fossil fuel industry last year, slowing progress towards global climate goals,…

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Oil advances with broader market rally ahead of rate decisions

Tuesday, November 1, 2022, 6:26 AM MDT

Oil gained as the dollar weakened and equities rallied before interest-rate decisions by major central banks. West Texas Intermediate futures climbed to…

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India says higher oil prices would backfire on producers

Monday, October 31, 2022, 6:53 AM MDT

India’s oil minister said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any…

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Europe faces ‘big hit’ from loss of Russia oil, says Italy’s Eni

Monday, October 31, 2022, 6:44 AM MDT

Europe will have to rely on extra oil from the U.S. next year to make up for a loss of…

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Oil set for monthly gain before OPEC+ begins cutting output

Monday, October 31, 2022, 6:39 AM MDT

Oil fell as weak economic data from China fanned concerns about energy demand, but it was still set for the…

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Oil trims weekly gain as broader sell-off dents sentiment

Friday, October 28, 2022, 6:36 AM MDT

Oil pared its weekly gain as investors shied away from risky assets on a dimming outlook for China and the…

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Oil fluctuates as record US exports buoy global demand outlook

Thursday, October 27, 2022, 6:38 AM MDT

Oil fluctuated after the US reported record exports of crude and fuel, while recent weakness in the dollar made commodities…

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