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…
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…
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…
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…
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…
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…
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…
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…
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.…
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…
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…
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…
