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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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.…

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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…

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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…

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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…

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