Markets & Investment

Oil rallies with prices boosted by dollar dip, stockpiles

Thursday, December 22, 2022, 6:22 AM MST

Oil prices climbed, fortified by a weaker dollar and decreasing stockpiles in the US, while China is pressing on with…

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Oil rises again on US stockpile decline and broad market gains

Wednesday, December 21, 2022, 6:24 AM MST

Oil rose for a third day after a report showed a drop in US crude inventories as market liquidity ebbs…

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Oil rises as end of China’s Covid rules counters growth concerns

Tuesday, December 20, 2022, 6:20 AM MST

Oil rose as investors weighed a potential boost for energy demand after China abandoned its Covid Zero policy against persistent…

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Oil swings as growth worries are weighed against China pledge

Monday, December 19, 2022, 6:18 AM MST

Oil endured a choppy start to the week as the outlook for global growth in the face of interest-rate hikes…

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Oil pares weekly gain as recession fears mount across markets

Friday, December 16, 2022, 6:39 AM MST

Oil declined Friday as markets were pressured by the outlook for interest-rate hikes. While West Texas Intermediate fell below $75…

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Oil steadies after part of Keystone restarts and dollar surges

Thursday, December 15, 2022, 6:26 AM MST

Oil steadied after a three-day rally, as TC Energy Corp. restarted a section of the major Keystone pipeline and the…

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HSBC updates climate policy to stop funding new oil and gas

Wednesday, December 14, 2022, 1:36 PM MST

HSBC, Europe's biggest bank, announced Wednesday it will no longer finance new oil and gas fields as part of its…

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Keystone’s partial restart delayed by weather, pollution risk

Wednesday, December 14, 2022, 7:06 AM MST

TC Energy’s efforts to restart a segment of its Keystone oil pipeline after a 14,000-barrel spill have been delayed by…

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Oil prices may rally next year as Russian exports sink, IEA says

Wednesday, December 14, 2022, 6:56 AM MST

Oil prices could rally next year as sanctions squeeze Russian supplies and demand beats earlier expectations, the International Energy Agency…

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Oil steadies after two-day rally ahead of Fed rate decision

Wednesday, December 14, 2022, 6:42 AM MST

Oil rose for a third day ahead of the US Federal Reserve’s monetary policy decision while the IEA cautioned that…

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Oil edges higher as China signals further easing of Covid rules

Tuesday, December 13, 2022, 6:34 AM MST

Oil rose for a second day on signs of further easing of China’s Covid-19 restrictions and as a key North…

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Oil drops below $71 as traders weigh growth outlook, Keystone

Monday, December 12, 2022, 6:12 AM MST

Oil erased an earlier increase as markets struck a cautious note ahead of a week of interest rate decisions and…

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