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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

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…

Read Article

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.