Markets & Investment

IEA boosts global oil demand forecast as China’s economy reopens

Wednesday, February 15, 2023, 6:50 AM MST

The International Energy Agency boosted forecasts for global oil demand as China reopens its economy following years of anti-Covid lockdowns.…

Read Article

Oil slumps as US stockpiles seen swelling and dollar advances

Wednesday, February 15, 2023, 6:44 AM MST

Oil fell as an industry estimate pointed to another major build in American inventories and the dollar gained, with investors…

Read Article

Record voyage for Canadian gas offers relief for Asia

Tuesday, February 14, 2023, 7:02 AM MST

A stream of natural gas that’s being unleashed from British Columbia’s vast reservoirs is blazing a record-setting path through global…

Read Article

UAE says oil supply a bigger issue than demand for 2024

Tuesday, February 14, 2023, 6:36 AM MST

Oil supplies will pose a bigger issue than demand for global markets in 2024 as some countries struggle with production…

Read Article

Oil declines on US requirement to sell more crude from the SPR

Tuesday, February 14, 2023, 6:22 AM MST

Oil fell on a US requirement to sell more crude from reserves, offsetting a lift from Russian output cuts and…

Read Article

OPEC chief tells climate negotiators to ‘look at the big picture’

Monday, February 13, 2023, 6:26 AM MST

OPEC’s top official urged countries to invest much more in oil to meet the world’s future energy needs and said…

Read Article

Oil pares loss with Russia cut weighed against supply recovery

Monday, February 13, 2023, 6:19 AM MST

Oil pared an earlier decline as traders weighed a looming reduction in Russian supply with returning supplies elsewhere in the…

Read Article

New Enbridge CEO says Canada is missing opportunities as world cries out for energy

Monday, February 13, 2023, 6:11 AM MST

The new CEO of pipeline giant Enbridge Inc. says regulatory uncertainty in this country has resulted in a ``lost decade''…

Read Article

Brent oil jumps above $86 after Russia says it plans output cut

Friday, February 10, 2023, 6:48 AM MST

Oil jumped after Russia said it plans to cut March production by 500,000 barrels a day. Brent crude climbed as…

Read Article

Scotiabank warns giving royalty credits for well cleanups would damage industry reputation

Friday, February 10, 2023, 6:31 AM MST

Scotiabank is warning that the Alberta government's plan to give oil companies a royalty credit for cleaning up their old…

Read Article

Oil takes a breather after three-day rally as outlook clouded

Thursday, February 9, 2023, 6:38 AM MST

Oil steadied after rallying around 7 per cent over the previous three sessions as investors assessed continued supply disruption and…

Read Article

Oil rises after Powell’s remarks and signs of tightening supply

Wednesday, February 8, 2023, 6:28 AM MST

Oil extended its biggest gain in three months on optimism the US Federal Reserve will maintain its path on interest-rate…

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.