Markets & Investment


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…

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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…

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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,…

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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…

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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…

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Energy chief says Canada could send gas to Europe within 3 years

Friday, May 27, 2022, 6:50 AM MDT

Canada’s top energy official said Prime Minister Justin Trudeau’s government is open to accelerating a liquefied natural gas project that…

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Oil poised for fifth weekly gain

Friday, May 27, 2022, 6:25 AM MDT

Oil is heading for a modest fifth weekly gain before the US summer driving season kicks off this weekend, with…

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Oil gains as US stockpiles tighten ahead of driving season

Thursday, May 26, 2022, 6:37 AM MDT

Oil rose for a second day after US crude and gasoline stockpiles declined further as motorists prepare to take to…

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Oil climbs as report shows tightening US gasoline stockpiles

Wednesday, May 25, 2022, 6:21 AM MDT

Oil rose after a two-day decline as an industry report showed US gasoline stockpiles shrunk further ahead of the summer…

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Oil steady as traders shrug off China efforts to protect economy

Tuesday, May 24, 2022, 6:06 AM MDT

Oil was little changed as Chinese efforts to cushion the impact of anti-virus lockdowns failed to reassure investors over the…

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Oil heads for fourth weekly gain on outlook for products demand

Friday, May 20, 2022, 6:27 AM MDT

Oil headed for a modest weekly gain as optimism about the outlook for demand eclipsed concerns about tighter monetary policy…

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Oil drops as traders weigh Russian exports, China lockdown

Thursday, May 19, 2022, 6:15 AM MDT

Oil erased earlier gains as traders consider the potential of Russian exports and how lockdowns in China impact demand.  …

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