Markets & Investment

Oil slips with hawkish Fed comments, China curbs denting rally

Tuesday, April 19, 2022, 6:13 AM MDT

Oil erased earlier gains as traders weighed hawkish comments from U.S. Federal Reserve officials and China’s promise to repair the…

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Libya closes biggest oil field and warns of more shutdowns

Monday, April 18, 2022, 6:17 AM MDT

Libya’s oil production has fallen by more than half a million barrels a day as a wave of political demonstrations…

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Oil pares earlier gains as China lockdowns counter Libya outage

Monday, April 18, 2022, 6:14 AM MDT

Oil was little changed amid signs that continued coronavirus lockdowns in China are weighing on the economy, countering bullish news…

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Oil slips as investors weigh Ukraine War, China virus lockdowns

Thursday, April 14, 2022, 6:25 AM MDT

Oil declined after a two-day rally that pushed prices back above $100 a barrel as investors digested a raft of…

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IEA cuts oil demand forecast as China reimposes lockdowns

Wednesday, April 13, 2022, 6:30 AM MDT

The International Energy Agency cut its forecast for global oil demand this year after China reimposed lockdowns to contain the…

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Oil holds advance above $100 as Putin vows to continue war

Wednesday, April 13, 2022, 6:22 AM MDT

Oil steadied above $100 a barrel as the International Energy Agency trimmed its estimates of global oil demand and President…

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Crude oil market swings from chaos to calm as war shock ebbs

Tuesday, April 12, 2022, 6:39 AM MDT

Global crude markets have swung from chaos to calm in just a few weeks as frenzied trading and a run-up…

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Oil rebounds as investors assess China’s easing virus lockdown

Tuesday, April 12, 2022, 6:20 AM MDT

Oil staged a partial recovery, after dropping four per cent on Monday, as traders weighed China’s demand outlook following the…

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Ukraine seeks Russia assets, oil fleet seizure as reparations

Monday, April 11, 2022, 6:35 AM MDT

Ukraine is pushing allied countries to seize and sell Russian assets including oil tankers, so that the proceeds can be…

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Oil slumps as China’s worsening outbreak raises demand concerns

Monday, April 11, 2022, 6:09 AM MDT

Oil resumed its decline as China’s virus resurgence worsened, raising concerns about demand from the world’s biggest crude importer. West…

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Oil sheds bulk of invasion-driven gains

Friday, April 8, 2022, 6:37 AM MDT

Oil headed for a back-to-back weekly retreat on plans for massive stockpile releases, a demand-sapping virus outbreak in top importer…

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Oil oscillates with IEA crude reserve release plan in focus

Thursday, April 7, 2022, 6:38 AM MDT

Oil swung between gains and losses as traders assessed prospects for further crude releases from strategic reserves, the outlook for…

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