Markets & Investment

Oil price-cap plan spurs fear it could trigger Russian output cut

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

Russia could cut its oil production by as much as 3 million barrels per day if the European Union and…

Read Article

Oil holds surge on OPEC+ output cut and Russian supply warning

Thursday, October 6, 2022, 6:27 AM MDT

Oil held onto three days of gains after the OPEC+ alliance agreed to the biggest production cut since 2020 and…

Read Article

Oil holds surge as OPEC+ mulls biggest supply cut since 2020

Wednesday, October 5, 2022, 6:35 AM MDT

Oil held a two-day surge before an OPEC+ meeting at which the alliance is considering the biggest supply cut since…

Read Article

EU nations agree to tap CO2 permits in shift from Russian energy

Tuesday, October 4, 2022, 7:13 AM MDT

European Union member states backed a compromise to use permits from the bloc’s carbon market to help finance a shift…

Read Article

Oil forges higher as OPEC+ must ‘do something’ at Vienna meeting

Tuesday, October 4, 2022, 6:23 AM MDT

Oil rose after its biggest one-day gain since May as the market looked to OPEC+ to deliver a substantial cut…

Read Article

Oil jumps as OPEC+ mulls biggest production cut since pandemic

Monday, October 3, 2022, 6:41 AM MDT

Oil surged near $83 a barrel on indications the OPEC+ alliance is considering slashing production by more than 1 million…

Read Article

Oil pares drop with OPEC+ cuts weighed against growth outlook

Thursday, September 29, 2022, 6:31 AM MDT

Oil traded near $82 a barrel as traders weighed a clouded outlook for global economic growth against the potential for…

Read Article

Oil pares slump with dollar volatile and supply in focus

Wednesday, September 28, 2022, 6:22 AM MDT

Oil erased earlier losses amid volatility in the US dollar and a focus on whether producer nations might curb output…

Read Article

Suncor to buy back debt after oil drop, ratings downgrade

Tuesday, September 27, 2022, 6:31 AM MDT

Suncor Energy Inc. is pushing ahead with a bond buyback as oil prices near this year’s lows amid recession worries.…

Read Article

Goldman slashes oil price forecasts but says it remains bullish

Tuesday, September 27, 2022, 6:22 AM MDT

Goldman Sachs Group Inc. sharply lowered its oil price forecasts amid increasing signs of a global economic slowdown, but said…

Read Article

Oil climbs from lowest since January with dollar’s rally paused

Tuesday, September 27, 2022, 6:20 AM MDT

Oil rebounded after hitting the lowest level since early January as a rally in the dollar paused, buoying crude even…

Read Article

Oil falls as ‘wrecking ball’ dollar piles on commodity losses

Monday, September 26, 2022, 6:24 AM MDT

Oil dropped again, with Brent sliding below $85 a barrel at one point, as the dollar’s surge and mounting recessionary…

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.