Markets & Investment


Brent oil extends gains to top $75 with omicron concerns easing

Tuesday, December 7, 2021, 6:25 AM MST

Oil extended gains on optimism that the omicron virus variant may not be as severe as feared, easing concern over…

Read Article


BP levels sharpest criticism yet of London’s Brent crude oil market

Tuesday, December 7, 2021, 6:18 AM MST

BP plc said the world’s most important oil benchmark was experiencing ‘regular dislocations,’ in the harshest criticism ever by an…

Read Article


ExxonMobil rolls out plan to cut emissions in Permian Basin

Tuesday, December 7, 2021, 6:09 AM MST

ExxonMobil says it has a plan for cutting greenhouse gas emissions from its operations in one of the most prolific…

Read Article


Oil gains after Saudi price hike indicates confidence in demand

Monday, December 6, 2021, 6:27 AM MST

Oil rose after Saudi Arabia boosted the prices of its crude, signaling confidence in the demand outlook despite the spread…

Read Article


Oil rallies after OPEC+ takes flexible stance on supply

Friday, December 3, 2021, 6:23 AM MST

Oil jumped after the OPEC+ alliance left the door open to reversing its decision to boost output at any moment,…

Read Article


Oilpatch keeping the lid on spending amid record setting output

Friday, December 3, 2021, 6:16 AM MST

Canadian oil and gas companies have been hesitant to loosen the purse strings in spite of this fall's commodity price…

Read Article


OPEC nations boosted oil production more than pledged last month

Thursday, December 2, 2021, 6:32 AM MST

OPEC nations added far more oil in November than required by their plans to restore halted production, as one member…

Read Article


Oil erases gains as OPEC+ meets with omicron risking demand

Thursday, December 2, 2021, 6:28 AM MST

Oil declined ahead of an OPEC+ meeting to decide on supply with the spread of the omicron variant muddying the…

Read Article


Oil surges before critical OPEC+ meeting as volatility spikes

Wednesday, December 1, 2021, 6:51 AM MST

Oil rebounded from another sharp drop as OPEC ministers prepared to meet amid booming volatility. West Texas Intermediate rallied as…

Read Article


Oil resumes slump as Omicron variant sows fears over demand

Tuesday, November 30, 2021, 6:28 AM MST

Oil resumed its slide after Monday’s rebound as fears that the omicron variant may resist vaccines sent risk assets tumbling.…

Read Article


Higher energy prices expected to deliver boost in Alberta budget update

Tuesday, November 30, 2021, 6:05 AM MST

Alberta’s finance minister says the recent bullish run on energy prices is part of a stronger economic story on the…

Read Article


Oil rebounds after rout as traders size up threat from Omicron

Monday, November 29, 2021, 6:38 AM MST

Oil rebounded from one of its biggest ever daily drops as traders assessed the risks to global demand from the…

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.