Markets & Investment


Oil steady after last week’s rally as traders weigh virus risk

Monday, December 13, 2021, 6:19 AM MST

Oil steadied in New York after its biggest weekly jump in three months as traders weighed the risks from the…

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Saudi Arabia sees 1st budget surplus since 2013 as oil rises

Monday, December 13, 2021, 6:06 AM MST

Saudi Arabia boosted its revenue forecast for next year, with higher oil prices and production volumes poised to deliver the…

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Bank of Canada worries supply chain disruptions could persist

Friday, December 10, 2021, 7:08 AM MST

The Bank of Canada is worried that global supply chain disruptions stoking inflation could last longer than expected, according to…

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Oil set for biggest weekly gain since August despite virus fears

Friday, December 10, 2021, 6:41 AM MST

Oil headed for its biggest weekly gain in more than three months after the deepest fears over the new virus…

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Global energy industry invited to Calgary in 2023 for next World Petroleum Congress

Thursday, December 9, 2021, 1:47 PM MST

(Houston) — Over to you, Calgary. The city’s mayor, Jyoti Gondek, invited the world to the north to meet the…

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Oil slides after three-day gain as traders assess omicron risk

Thursday, December 9, 2021, 6:45 AM MST

Oil fell after three days of gains as traders weighed mixed signals on how the omicron variant of the virus…

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Free cash flow continues to soar for North American producers in Q3

Thursday, December 9, 2021, 6:10 AM MST

Record levels of free cash flow continue to be generated by North America’s oil and gas producers according to a…

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Baker Hughes CEO sees ample oil supply in rebuke to Halliburton

Wednesday, December 8, 2021, 6:54 AM MST

A day after Halliburton Co. warned of an imminent oil shortage, larger oilfield rival Baker Hughes Co. offered a sunnier…

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Women hold just 22% of oil industry jobs, survey says

Wednesday, December 8, 2021, 6:37 AM MST

The oil industry just can’t seem to hold on to women workers. That’s the conclusion of an industry survey presented…

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Oil, gas investments must rise to $523 billion a year, says IEF

Wednesday, December 8, 2021, 6:19 AM MST

The Riyadh-based International Energy Forum has called on companies to raise investment in oil and natural-gas production to $523 billion…

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Oil steady as vaccine impact on omicron buoys demand outlook

Wednesday, December 8, 2021, 6:12 AM MST

Oil steadied as research indicated that existing COVID-19 vaccines are effective against the new virus variant, supporting the outlook for…

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Oil CEOs warn that high prices jeopardize energy transition

Tuesday, December 7, 2021, 6:43 AM MST

High fossil-fuel prices may jeopardize efforts to pivot to cleaner renewable energy sources, the leader of one of Europe’s largest…

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