Markets & Investment
Gas exporters see growing support for East Coast plant in Canada
Wednesday, June 8, 2022, 7:02 AM MDT
Canada’s natural gas companies say there’s growing domestic support for new energy infrastructure to facilitate exports to Europe, even as…
Oil prices are ‘nowhere near’ peak yet, says OPEC member UAE
Wednesday, June 8, 2022, 6:48 AM MDT
Oil prices are “nowhere near” their peak as an impending rebound in Chinese demand threatens to strain a global market…
Oil gains above $120 as UAE delivers warning on higher prices
Wednesday, June 8, 2022, 6:29 AM MDT
Oil extended gains after the UAE said prices may well climb further as Chinese demand recovers in the coming months.…
Goldman says oil needs to rally further to solve market deficit
Tuesday, June 7, 2022, 6:21 AM MDT
Oil prices are likely to extend gains as global crude stockpiles need to be rebuilt in the face of rebounding…
Oil falls as risk-off mood weighs on wider financial markets
Tuesday, June 7, 2022, 6:14 AM MDT
Oil edged lower, tracking losses across wider financial markets amid growth fears. West Texas Intermediate futures traded near $118 a…
Oil gains near $120 as Saudi price boost shows demand confidence
Monday, June 6, 2022, 6:15 AM MDT
Oil climbed after Saudi Arabia signaled confidence in demand with a bigger-than-expected price increase of its crude for Asia. West…
Gas prices continue to surge higher in Canada, with more increases expected next week
Monday, June 6, 2022, 6:06 AM MDT
Gasoline prices continued to trend upward across much of Canada over the weekend and experts warn more increases are coming…
What OPEC+’s production deal means for global oil markets
Friday, June 3, 2022, 6:49 AM MDT
OPEC+’s hotly anticipated output meeting on Thursday underwhelmed the market, with oil prices closing up after the decision. The alliance agreed to…
Oil hangs on to weekly gain as OPEC+ supply boost disappoints
Friday, June 3, 2022, 6:38 AM MDT
Oil headed for a sixth weekly advance after a keenly anticipated OPEC+ meeting delivered only a modest increase in output…
Oil rally evaporates after touching the highest since March
Wednesday, June 1, 2022, 6:20 AM MDT
Oil’s rally fizzled following a report that OPEC members are exploring the idea of exempting Russia from its oil-production deal,…
Oil roars to sixth monthly advance on EU ban, China’s reopening
Tuesday, May 31, 2022, 6:20 AM MDT
Oil headed for its longest run of monthly gains in more than a decade as European Union leaders agreed to…
Brent crude tops $120 as Shanghai eases curbs, EU leaders meet
Monday, May 30, 2022, 6:18 AM MDT
China eased anti-virus lockdowns and the EU worked on a plan to ban imports of Russian crude. Brent crude topped…