Markets & Investment

Biden’s OPEC plea shows how cheap fuel fixation imperils climate

Wednesday, August 11, 2021, 1:37 PM MDT

President Joe Biden has pledged to wean the U.S. off of fossil fuels, and never has that call been more…

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Oil falls after U.S. calls on OPEC+ to boost production

Wednesday, August 11, 2021, 6:41 AM MDT

Oil dropped suddenly after the U.S. called on the OPEC+ alliance to revive production more quickly. Futures tumbled as much…

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Gasoline prices will depend on Delta variant’s effect on economy: analyst

Wednesday, August 11, 2021, 6:31 AM MDT

Gas price analysts say prices at the pump are still at the whim of the Delta variant of COVID-19, and…

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Indigenous group seeks Trans Mountain stake after Keystone death

Wednesday, August 11, 2021, 6:29 AM MDT

Natural Law Energy, the Canadian Indigenous group that sought a stake in the now defunct Keystone XL pipeline, has shifted…

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Oil rebounds from three-week low as recovery withstands Delta

Tuesday, August 10, 2021, 6:16 AM MDT

Oil rebounded from a three-week low on expectations that the global economic recovery will withstand the latest virus onslaught, even…

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Brookfield Infrastructure extends Inter Pipeline takeover offer

Monday, August 9, 2021, 6:51 AM MDT

Brookfield Infrastructure Partners LP has extended its takeover offer for Inter Pipeline Ltd. to Aug. 20. The company has offered…

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Era of cheap natural gas ends

Monday, August 9, 2021, 6:39 AM MDT

The era of cheap natural gas is over, giving way to an age of far more costly energy that will…

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Saudi Aramco follows big oil rivals with profit surge

Monday, August 9, 2021, 6:24 AM MDT

Saudi Aramco followed its Big Oil competitors with bumper earnings, boosted by a recovery in oil and chemical prices. The…

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Shale-oil output forecasts may fall victim to driller discipline

Monday, August 9, 2021, 5:56 AM MDT

Shale drillers are showing so much financial self-discipline that next year’s oil-production forecasts may be in peril, according to Tudor,…

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Oil tumbles to three-week low as virus spread menaces outlook

Monday, August 9, 2021, 5:53 AM MDT

Oil plunged to a three-week low, extending losses after the worst week since October, as the resurgence of COVID-19 threatened…

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Brent crude fluctuates as rising equities offset delta’s spread

Thursday, August 5, 2021, 6:16 AM MDT

Brent crude fluctuated after sliding below $70 a barrel for the first time in two weeks, as traders weighed the…

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Iran’s rapid oil return looks less likely after ship attacks

Wednesday, August 4, 2021, 6:33 AM MDT

Iran’s oil comeback, already taking longer than many traders expected, will be further complicated by shipping attacks in the past week, including…

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