Markets & Investment
Oil set for weekly gain as tight markets offset slowdown fears
Friday, July 29, 2022, 6:35 AM MDT
Oil headed for a weekly increase on signs of tight physical supply but remained down this month amid persisting fears…
Shell CEO sees risk of even higher oil prices on tight supply
Thursday, July 28, 2022, 6:41 AM MDT
Oil prices are more likely to rise than fall as the tightness in supply outweighs any risks to demand, said…
Oil extends gains with support from Fed and demand outlook
Thursday, July 28, 2022, 6:37 AM MDT
Oil extended gains after a big draw in US crude inventories, while the prospect of a slower pace of interest-rate…
Oil climbs as US crude stockpiles shrink ahead of Fed decision
Wednesday, July 27, 2022, 6:31 AM MDT
Oil rose as industry data signaled a big drop in US crude inventories ahead of an expected interest-rate hike by…
Oil slips as investors weigh demand outlook ahead of Fed meet
Tuesday, July 26, 2022, 6:19 AM MDT
Oil advanced for a second session as signs of a tight physical crude market offset concerns about an economic slowdown.…
Saudi Arabia and Iraq come to the aid of Europe’s oil refiners
Friday, July 22, 2022, 6:51 AM MDT
Saudi Arabia and Iraq are diverting more and more of their crude oil toward Europe, helping the continent’s oil refineries…
Crude fluctuates amid soft European economic data
Friday, July 22, 2022, 6:45 AM MDT
Oil swung between gains and losses after European economic data missed estimates, fanning concerns of an economic slowdown. WTI for…
Turbine for Nord Stream 1 is still in transit in Germany
Friday, July 22, 2022, 6:32 AM MDT
A gas turbine for the operation of Gazprom PJSC’s Nord Stream 1 pipeline that’s the main route of gas transport…
Oil slumps with stuttering US fuel demand, Libya ramp up
Thursday, July 21, 2022, 6:33 AM MDT
Oil slid as investors assessed signs of lackluster US gasoline demand and the return of supplies from Libya. West Texas…
Oil declines ahead of US stockpile data amid choppy trading
Wednesday, July 20, 2022, 6:40 AM MDT
Oil fell after a three-day climb as investors weighed data that pointed to an increase in US inventories. Brent futures,…
Iraq oil minister sees crude over $100 a barrel this year
Tuesday, July 19, 2022, 6:23 AM MDT
Oil will trade at more than $100 a barrel for the rest of the year and stay high for the…
Oil slumps back toward $100 in listless summer trading
Tuesday, July 19, 2022, 6:20 AM MDT
Oil slipped back toward $100 a barrel after posting the biggest one-day advance since May as a volatile run in…
