Markets & Investment

Oil declines for a second session as bearish risks grip markets

Monday, September 20, 2021, 6:14 AM MDT

Oil dropped as risky assets began the week on the back foot and the dollar gained ahead of a Federal…

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UK government holds emergency talks to bolster energy firms

Monday, September 20, 2021, 6:04 AM MDT

Britain's business secretary will hold emergency talks with industry leaders and consumer groups Monday as the U.K. government looks for…

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Rewards from fossil fuel junk bonds outweigh risk

Friday, September 17, 2021, 6:23 AM MDT

Snapping up the high-yield bonds of oil companies is proving a lucrative ploy for investors willing to live with a…

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Oil set for fourth weekly gain with high energy prices in focus

Friday, September 17, 2021, 6:11 AM MDT

Oil headed for a fourth weekly gain supported by signs of a tighter market and a wider rally in energy…

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Almost a third of U.S. gulf oil production still down after Ida

Thursday, September 16, 2021, 7 AM MDT

Oil drillers in the Gulf of Mexico are struggling to restore output more than two weeks after Hurricane Ida made…

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Chevron CEO warns of high energy prices and supply crunches

Thursday, September 16, 2021, 6:53 AM MDT

The world is facing high energy prices for the foreseeable future as oil and natural gas producers resist the urge…

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Oil steadies after drop in U.S. stockpiles, gas rally spurs gain

Thursday, September 16, 2021, 6:31 AM MDT

Oil steadied above $72 a barrel after U.S. crude stockpiles tumbled again and investors tracked a broader rally in energy…

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Oil extends rally as industry report shows slump in inventories

Wednesday, September 15, 2021, 6:23 AM MDT

U.S. industry report showed another decline in inventories of crude and gasoline, signalling a tightening market. Global benchmark Brent rose…

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OPEC sees stronger demand for its crude this year and next

Tuesday, September 14, 2021, 6:50 AM MDT

OPEC predicted stronger demand for its crude on a combination of rising global fuel consumption and output disruptions elsewhere. The…

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Crude oil rallies above $70 as another hurricane menaces Texas

Tuesday, September 14, 2021, 6:41 AM MDT

Oil rose for a third day as another storm menaced a key U.S. energy hub just weeks after Hurricane Ida…

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Here’s why U.S. crude oil supplies took such a big hit from Ida

Monday, September 13, 2021, 6:56 AM MDT

Hurricane Ida unleashed such furious winds and waves that almost two weeks later oil drillers, power suppliers and refiners are…

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Kansas City Southern to accept CP Rail offer, rebuffing CN

Monday, September 13, 2021, 6:45 AM MDT

Kansas City Southern said it’s backing out of a merger agreement with Canadian National Railway Co. and plans to accept…

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