Markets & Investment
Oil swings as demand concerns weighed against SPR refill plan
Friday, May 12, 2023, 6:14 AM MDT
Oil swung between losses and modest gains as concerns that sluggish economic growth will eat into demand were weighed against…
Oil advances as traders weigh inflation trends and supply halts
Thursday, May 11, 2023, 6:26 AM MDT
Oil rose for the fourth session in five as traders weighed improving inflation trends and supply halts, before the release…
Oil falls after three-day advance ahead of U.S. inflation report
Wednesday, May 10, 2023, 6:47 AM MDT
Oil fell ahead of a critical U.S. inflation report that could provide key signals on future energy demand and as…
Oil drops after two-day surge as China clouds demand outlook
Tuesday, May 9, 2023, 6:17 AM MDT
Oil fell after a two-day surge as Chinese trade data highlighted concerns about the nation’s economic recovery and energy demand.…
Biden’s oil-reserve withdrawals spark Republican demand for audit
Monday, May 8, 2023, 3:46 PM MDT
Top Republicans want a government watchdog to investigate the Biden administration’s management of the nation’s emergency oil reserves, arguing no credible…
Oil kicks off week higher as traders focus on demand factors
Monday, May 8, 2023, 6 AM MDT
Oil advanced as investors assessed conflicting signals for crude demand after a period of volatile trading. WTI for June delivery…
Oil rebounds after slumping 10% this week on demand concern
Friday, May 5, 2023, 6:27 AM MDT
Oil rose this morning but the benchmark is still headed for a weekly loss of almost 10 per cent as…
Oil steadies after chaotic opening selloff gives way to rebound
Thursday, May 4, 2023, 6:21 AM MDT
Oil futures steadied after enduring a roller-coaster ride at the start of trading in Asia, collapsing to the lowest level…
Enbridge signs tolling deal with shippers for Mainline pipeline system
Thursday, May 4, 2023, 6:19 AM MDT
Enbridge Inc. says it has reached a deal with shippers for tolling on its Mainline pipeline system, which moves over…
Arctic oil drilling plans revived in Norway as priorities change
Wednesday, May 3, 2023, 3:51 PM MDT
Norway’s biggest oil and gas companies are reviving exploration plans in Arctic waters, as the government agitates for fresh discoveries…
Iran seizes second oil tanker, heightening shipping fears
Wednesday, May 3, 2023, 6:41 AM MDT
Iran seized a second oil tanker in less than a week, ratcheting up tensions for shipping in one of the…
Oil plunge deepens as concerns over economy drive selloff
Wednesday, May 3, 2023, 6:34 AM MDT
Oil fell for a third day, dropping below $70/bbl in New York, as the prospect of a U.S. recession threatened…
