Markets & Investment
Oil rises as traders focus on US gasoline and China demand
Wednesday, May 18, 2022, 6:26 AM MDT
Oil rose as tight US product markets and the prospect of higher demand in China, the world’s top importer, add…
Average price for gasoline in Canada tops $2 a litre for first time
Tuesday, May 17, 2022, 6:43 AM MDT
Gasoline prices are showing no signs of letting up as the average price in Canada tops $2 a litre for…
Oil in longest run of gains since February on tight US products
Tuesday, May 17, 2022, 6:14 AM MDT
Oil edged higher in its longest run of daily gains since February as traders weighed strength in key petroleum products…
Oil drops as virus lockdowns across China pummel economy
Monday, May 16, 2022, 6:28 AM MDT
Oil retreated for the first time in four sessions as Covid-19 lockdowns strained the economy in China, the world’s biggest…
Oil pares gains as investors weigh Russian ban, China outlook
Friday, May 13, 2022, 6:27 AM MDT
Oil pared an earlier gain, bookending another tumultuous week of trading, as investors weighed the prospect of a European Union…
Oil resumes decline as market grapples with tumultuous trading
Thursday, May 12, 2022, 6:31 AM MDT
Oil resumed its decline as financial markets were pressured by stubbornly high US inflation, bolstering the case for Federal Reserve…
Two years of low spending has little impact on reserves
Thursday, May 12, 2022, 5:59 AM MDT
Low capital spending throughout the pandemic did not stop North American producers from maintaining their oil and gas reserve positions.…
Oil rebounds as virus cases decline in China ahead of US data
Wednesday, May 11, 2022, 6:22 AM MDT
Oil jumped near $103 a barrel as virus cases eased in China ahead of US inflation data that may influence…
Oil dips with EU’s push for Russia sanctions and economy risks
Tuesday, May 10, 2022, 6:47 AM MDT
Oil fell for a second day as European Union members continue to discuss Russian oil sanctions, while broader sentiment remained…
Oil retreats as traders weigh EU haggling and slump in equities
Monday, May 9, 2022, 6:14 AM MDT
Oil fell as investors weighed continued European Union talks about cutting Russian supplies and a flight to safety as global…
Oil set for consecutive weekly gains as market tightens up
Friday, May 6, 2022, 6:44 AM MDT
Oil headed for its first back-to-back weekly gain since early March on signs the market is tightening as the European…
Oil moves higher with OPEC+ ratifying another small output hike
Thursday, May 5, 2022, 6:32 AM MDT
Oil rose as OPEC+ ratified a limited production increase following the European Union’s proposed ban on Russian imports. West Texas…
