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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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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…

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