Markets & Investment
Oil climbs ahead of key report guiding U.S. price response
Tuesday, November 9, 2021, 6:41 AM MST
Oil rose as traders waited for further signals from the White House on whether it will tap the Strategic Petroleum…
Oil pares gains as Saudi pricing is countered by U.S. comments
Monday, November 8, 2021, 6:43 AM MST
Oil gave up some of its gains as sharp price hikes from Saudi Arabia were weighed against the potential for…
U.S. to OPEC+: ‘This isn’t the end’ of effort to ease oil prices
Friday, November 5, 2021, 7:03 AM MDT
The Biden administration warned on Thursday that OPEC+ is at risk of impairing the world’s economic recovery by failing to…
Oil recovers as investors assess response to modest OPEC+ hike
Friday, November 5, 2021, 6:37 AM MDT
Oil rose as investors weighed a limited production increase from OPEC+ against the potential supply response from key consumers, including…
Oil rises as investors turn their focus to crucial OPEC+ meeting
Thursday, November 4, 2021, 7 AM MDT
Oil gained as investors turned their attention to a key OPEC+ meeting, with the group facing calls from consumers to…
Oil tumbles as U.S. piles pressure onto OPEC+ for more barrels
Wednesday, November 3, 2021, 6:39 AM MDT
Oil fell as the U.S. intensified pressure on OPEC+ to boost supplies when it meets on Thursday, while concerns grew…
BP says oil demand is back above 100 million barrels a day
Tuesday, November 2, 2021, 6:46 AM MDT
As world leaders discuss the fight against climate change, global oil demand has bounced back above the key level of…
Brent oil hovers near $85 as pressure grows before OPEC+ meeting
Tuesday, November 2, 2021, 6:33 AM MDT
Oil remained close to $85 a barrel as the market turns its attention to a meeting of oil producers on…
Oil rises on speculation OPEC may spurn Biden’s appeal on output
Monday, November 1, 2021, 6:46 AM MDT
Oil rose on speculation OPEC+ could spurn mounting pressure to boost production at a faster clip, even as consumption roars…
Canadian oil collapses at U.S. hub as refiners shun heavy crude
Friday, October 29, 2021, 6:58 AM MDT
Canadian heavy crude’s price collapsed at the U.S. trading hub of Cushing as refiners shun heavy and higher-sulphur crude for…
‘Huge’ flows into ESG unlikely to abate, Norway wealth fund says
Friday, October 29, 2021, 6:51 AM MDT
The sovereign wealth fund of Norway, the world’s biggest, is expecting the breathless flow of money into environmental, social and…
Oil powers to 10% monthly advance as stockpiles spiral lower
Friday, October 29, 2021, 6:40 AM MDT
Oil is on course for a monthly gain of about 10 per cent on sustained signs that consumption is outpacing…
