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…
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…
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…
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…
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,…
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…
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…
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…
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…
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.…
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…
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…
