Markets & Investment

Trudeau wants to catch up with Biden on clean-energy tax credits

Friday, October 14, 2022, 6:32 AM MDT

Prime Minister Justin Trudeau’s government has begun crafting plans to even the playing field with the U.S. on investment incentives…

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Oil heads for weekly decline on recession risk and China demand

Friday, October 14, 2022, 6:19 AM MDT

Oil headed for a weekly loss as central banks’ inflation-fighting measures risk growth and Chinese demand remains muted amid virus…

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Canadian oil prices collapse even amid pipeline abundance

Friday, October 14, 2022, 6 AM MDT

Canadian heavy crude prices plunged to their biggest discount to futures since 2018 and, this time, the collapse has little…

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Oil heads for longest losing run since 2021 on slowdown concerns

Thursday, October 13, 2022, 6:49 AM MDT

Oil fell for a fourth day, set for the longest losing run in more than a year, as investors fretted…

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BlackRock’s Fink laments ‘facts are not important’ in oil backlash

Thursday, October 13, 2022, 6:45 AM MDT

BlackRock Inc. CEO Larry Fink said he’s not against oil companies, directly addressing attacks on his firm from a growing…

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OPEC+ cuts risk oil-price spike and world recession, IEA warns

Thursday, October 13, 2022, 6:41 AM MDT

The OPEC+ decision to sharply curtail oil production threatens to push prices to levels that tip the global economy into…

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Saudi Arabia rejects U.S. criticism of OPEC+ quota cut decision

Thursday, October 13, 2022, 6:36 AM MDT

  Saudi Arabia rejected criticism of last week’s OPEC+ decision to cut oil production quotas, saying the move was based…

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Oil swings as part of key European pipeline is shut due to leak

Wednesday, October 12, 2022, 6:26 AM MDT

Oil switched between gains and losses after a leg of a vital crude pipeline from Russia to Germany was halted…

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Putin hosts United Arab Emirates leader for economic talks

Tuesday, October 11, 2022, 7:04 AM MDT

Russian President Vladimir Putin on Tuesday hailed a recent decision by OPEC, Russia and other oil producing nations to limit…

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Oil edges lower as slowdown concerns eat into OPEC-driven gains

Tuesday, October 11, 2022, 7:01 AM MDT

Oil slumped as concerns over a global slowdown and weaker demand vied with a tightening supply outlook after OPEC+ cut…

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ExxonMobil weighs takeover of oil recovery specialist Denbury

Tuesday, October 11, 2022, 6:48 AM MDT

Exxon Mobil Corporation is considering a takeover of Denbury Inc., an oil and gas producer with the largest carbon dioxide…

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Oil poised for biggest weekly rally since March on OPEC+ move

Friday, October 7, 2022, 6:36 AM MDT

Oil headed for the biggest weekly gain since early March as OPEC+ put the market on course for further tightening…

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