Markets & Investment
G-7 set to hold off revising Russian oil price cap this week
Tuesday, March 21, 2023, 6:52 AM MDT
Group of Seven nations are unlikely to revise a price cap on Russian oil this week, despite initial evidence that…
Goldman Sachs no longer sees oil reaching $100 this year
Tuesday, March 21, 2023, 6:40 AM MDT
Goldman Sachs Group Inc., one of the most bullish banks on its outlook for oil, has nudged its forecasts down…
Oil prices rise as banking turmoil fades before Fed decision
Tuesday, March 21, 2023, 6:25 AM MDT
Oil advanced for a second day, with investors watching for any signs of fresh banking-industry trouble ahead of the Federal…
Oil’s rout gathers pace as WTI sinks below $65 amid bank crisis
Monday, March 20, 2023, 6:28 AM MDT
Oil prices sank, with West Texas Intermediate plunging below $65 a barrel, as escalating investor concerns about a global banking…
Oil set for worst week this year as bank turmoil takes its toll
Friday, March 17, 2023, 6:26 AM MDT
Oil headed for the biggest weekly decline this year after investor confidence plunged following the worst banking sector turmoil since…
Oil hovers near 15-month low after banking crisis roils market
Thursday, March 16, 2023, 6:37 AM MDT
Oil steadied near the lowest closing price in 15 months after a three-day rout started by the US banking crisis…
Oil prices plunge, Canadian energy stocks take beating as global banking fears spread
Thursday, March 16, 2023, 6:19 AM MDT
Crude oil prices plunged below US$70 and Canadian energy stocks took a beating Wednesday as market chaos continued amid concerns…
Oil plunges to 15-month low as banking turmoil threatens outlook
Wednesday, March 15, 2023, 6:52 AM MDT
Oil fell to its lowest in 15 months as banking turmoil continued and the US dollar gained. West Texas Intermediate…
Oil extends drop as inflation data awaited amid banking fallout
Tuesday, March 14, 2023, 6:16 AM MDT
Oil extended losses ahead of key inflation data as the biggest US bank collapse since 2008 continued to ripple through…
Oil declines as SVB’s collapse reverberates through markets
Monday, March 13, 2023, 6:35 AM MDT
Oil fell as the fallout from the collapse of Silicon Valley Bank — the worst since the 2008 financial crisis — rippled…
Oil set for weekly loss as Fed tightening fears pummel markets
Friday, March 10, 2023, 6:30 AM MST
Oil headed for the biggest weekly loss since early February as the prospect of further and potentially faster interest-rate hikes…
New trade patterns in global LNG market leading to new pricing mechanisms
Thursday, March 9, 2023, 8:47 AM MST
The war in Ukraine has resulted in a structural change in global LNG markets. The EU now needs 140 million…
