Markets & Investment
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…
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…
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…
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…
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…
Oil fluctuates as EU avoids immediate sanctions on Russia crude
Wednesday, April 6, 2022, 6:17 AM MDT
Oil reversed earlier losses as traders assessed the talk of fresh sanctions following Russia’s invasion of Ukraine. West Texas Intermediate…
Exxon flags huge profit jump as lawmakers target dividends
Tuesday, April 5, 2022, 7:17 AM MDT
Exxon Mobil Corp. signalled its highest profit since 2008 as Russia’s war in Ukraine upended global commodity markets. Exxon’s announcement…
Crude advance holds as EU sanctions on Russia avoid oil for now
Tuesday, April 5, 2022, 6:41 AM MDT
Oil held its earlier gains as the European Union was said to plan a phaseout of Russian coal imports but…
IEA nations agree to join Biden’s massive oil-stock release
Monday, April 4, 2022, 7:11 AM MDT
Several U.S. allies will join President Joe Biden’s unprecedented deployment of oil stockpiles in an effort to ease the economic…
Cenovus joins oil drillers ditching hedges as prices surge
Monday, April 4, 2022, 7:05 AM MDT
Cenovus Energy Inc. became the latest driller to abandon the practice of securing protection against a sudden drop in crude…
Oil prices don’t fully reflect Russian supply risks, Vitol says
Monday, April 4, 2022, 6:54 AM MDT
Oil prices have fallen to levels that don’t reflect the risk of disruptions to Russian exports or the ability of…
Oil fluctuates near $100 with Russia supply risk lingering
Monday, April 4, 2022, 6:50 AM MDT
Oil swung between gains and losses to trade near $100, with an ongoing supply deficit due to the war in…
