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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…