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…
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…
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…
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.…
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…
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,…
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…
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…
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…
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…
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…
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…
