Markets & Investment


Oil set for fourth weekly loss with rate hikes darkening outlook

Friday, September 23, 2022, 6:32 AM MDT

Oil headed for the longest stretch of weekly losses this year as central banks around the world stepped up their…

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Canada's environment minister does not jump to take up UN call for windfall taxes

Friday, September 23, 2022, 6:20 AM MDT

Environment Minister Steven Guilbeault isn't warming to the idea of combating climate change by imposing a windfall tax on the…

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Oil climbs as softer dollar offsets concerns of global slowdown

Thursday, September 22, 2022, 6:32 AM MDT

Oil rose as the dollar declined and investors weighed the demand outlook following another interest-rate hike from the Federal Reserve.…

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Oil jumps after Putin orders partial mobilization of troops

Wednesday, September 21, 2022, 6:24 AM MDT

Oil rallied after Russian President Vladimir Putin ordered a partial mobilization to hold onto occupied territories in Ukraine, an escalation…

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Oil creeps higher ahead of looming central bank rate hikes

Tuesday, September 20, 2022, 6:29 AM MDT

Brent oil edged higher toward $93 ahead of several global interest-rate decisions that are expected to see further monetary tightening.…

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First public global database of fossil fuels launches

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

A first-of-its-kind database for tracking the world's fossil fuel production, reserves and emissions launches on Monday to coincide with climate…

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Oil set for third weekly drop as global demand concerns mount

Friday, September 16, 2022, 6:42 AM MDT

Oil headed for a third weekly decline as a deteriorating global economy stoked demand concerns while a strong dollar made…

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Oil and gas stocks make up bulk of the TSX's top performers in 2022

Friday, September 16, 2022, 6:33 AM MDT

A newly released ranking of the Toronto Stock Exchange's top performers shows just how dominant Canadian oil and gas stocks…

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Oil fluctuates on demand concerns, US reserve restocking plan

Thursday, September 15, 2022, 6:47 AM MDT

Oil fluctuated as traders grappled with the outlook for Chinese demand and assessed comments from the US on refilling strategic…

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Oil swings as IEA demand cut vies with US restocking plan

Wednesday, September 14, 2022, 6:19 AM MDT

Oil fluctuated after the International Energy Agency trimmed its estimates for global demand, while the US mulled when to refill…

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Morgan Stanley, UBS analysts cut oil outlooks on recession fears

Tuesday, September 13, 2022, 6:36 AM MDT

Mounting fears of recessions in major economies as well as China’s inability to throw off its virus shackles have oil…

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Oil extends advance as dollar slides before inflation data

Tuesday, September 13, 2022, 6:33 AM MDT

Oil pushed higher for a fourth day as a weaker dollar offset global demand concerns, and progress toward an Iranian…

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