Markets & Investment
Oil set for third weekly advance as market tightens on outages
Friday, January 7, 2022, 6:23 AM MST
Oil was poised for a third weekly gain as demand remained resilient while supplies are frayed across the OPEC+ coalition…
Saudis cut oil prices for Asia as supply rises and virus spreads
Thursday, January 6, 2022, 6:25 AM MST
Saudi Arabia cut oil prices for buyers in Asia, signaling that extra supplies from OPEC and its partners could loosen…
Oil steadies as supply constraints counter omicron concerns
Thursday, January 6, 2022, 6:21 AM MST
Oil steadied as supply constraints from OPEC+ to the U.S. offset concerns over the impact of a severe COVID-19 outbreak…
OPEC output boost severely limited as African members struggle
Wednesday, January 5, 2022, 6:20 AM MST
OPEC made only part of its planned production increase last month, with supplies hampered by disruptions in two of the…
Brent oil near $80 as OPEC+ adds more crude to tightening market
Wednesday, January 5, 2022, 6:14 AM MST
OPEC and its allies agreed to a scheduled increase in production for next month, and an industry report pointed to…
OPEC and allies to decide oil output amid omicron spike
Tuesday, January 4, 2022, 6:36 AM MST
OPEC and allied oil-producing countries are expected to press ahead Tuesday with restoring cutbacks in output made during the depths of…
Oil fluctuates near $76 ahead of OPEC+ meeting on supply policy
Tuesday, January 4, 2022, 6:09 AM MST
Oil fluctuated before an OPEC+ meeting that’s expected to see the alliance agree to another output boost next month. Futures…
OPEC sees tighter first quarter as it considers output hike
Monday, January 3, 2022, 6:44 AM MST
OPEC reduced its estimate of the surplus in global oil markets this quarter, the day before the group and its…
Oil climbs as Libyan output falls ahead of OPEC+ supply meeting
Monday, January 3, 2022, 6:38 AM MST
Oil rose as Libyan supply tightened ahead of an OPEC+ meeting on Tuesday to discuss production policy for February. Futures…
Tech firms slowly moving into Calgary's hollowed out downtown core
Monday, January 3, 2022, 6:24 AM MST
In the nearly two years since the COVID-19 pandemic forced workers out of Calgary's downtown towers and into home offices,…
Oil trims weekly gain amid low liquidity heading into Christmas
Friday, December 24, 2021, 6:11 AM MST
Brent oil fell as trading volumes thinned moving into the holiday period, but still headed for a weekly gain on…
Oil holds near four-week high as omicron vies with inventories
Thursday, December 23, 2021, 6:13 AM MST
Oil held near the highest settlement in four weeks as traders weighed falling U.S. crude stockpiles against the threat to…
