Markets & Investment
Aker BP buys Lundin’s oil and gas units in $10 billion deal
Wednesday, December 22, 2021, 6:48 AM MST
Aker BP ASA agreed to buy the oil and gas business of Lundin Energy AB in a $10 billion deal…
Oil steadies on thin trading and conflicting demand signals
Wednesday, December 22, 2021, 6:19 AM MST
Oil steadied as investors weighed mixed demand signals and trading volumes thinned moving into the holiday period. Futures in New…
Oil rises after two-day drop as investors assess demand
Tuesday, December 21, 2021, 6:37 AM MST
Oil rose as traders assessed the outlook for demand amid the rapid spread of omicron. Futures in London climbed above…
Oil slides again on fears over omicron and Biden’s economy plan
Monday, December 20, 2021, 6:15 AM MST
Oil extended declines on concern over the rapid spread of the omicron virus variant and turmoil for President Joe Biden’s economic plans.…
Oil declines as omicron and monetary tightening darken outlook
Friday, December 17, 2021, 6:20 AM MST
Oil fell for the first time in three days as traders grew more concerned about the demand impact from the…
Oil rises on hawkish Fed and as U.S. demand withstands omicron
Thursday, December 16, 2021, 6:32 AM MST
Oil rose after U.S. crude stockpiles fell the most since September and a more hawkish Federal Reserve spurred a broader…
U.S. refiners need a lot of maintenance ahead of a better summer
Wednesday, December 15, 2021, 6:50 AM MST
U.S. refiners are beginning to pick themselves up after long months of COVID-related demand destruction, the onslaught of hurricanes and…
Omicron variant poses a demand puzzle for oil forecasters
Wednesday, December 15, 2021, 6:30 AM MST
Oil forecasters have parted company on their views about demand in the coming months, as the omicron variant of the…
Oil falls further on looming surplus, China demand constraints
Wednesday, December 15, 2021, 6:15 AM MST
Oil declined for a third day as global markets tip into a supply surplus, with demand pressured by the spread…
B.C. government to lift 30 litre limit on gas for general public on Tuesday
Tuesday, December 14, 2021, 6:28 AM MST
The British Columbia government is lifting a restriction on gasoline for the general public that was put in place after…
Oil surplus returns as supplies climb and omicron hits, IEA says
Tuesday, December 14, 2021, 6:08 AM MST
Global oil markets have returned to surplus and face an even bigger oversupply early next year as the omicron variant…
Oil steady as IEA says global market has returned to surplus
Tuesday, December 14, 2021, 6:03 AM MST
Oil held steady as the International Energy Agency said the global oil market has returned to surplus with the omicron variant curbing…
