Markets & Investment

Oil back above $50 after tanker explosion near Saudi port

Monday, December 14, 2020, 6:47 AM MST

Oil climbed past 50 a barrel after another tanker explosion in the Middle East raised concerns over the region’s stability,…

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Oil’s rally cools after closing at highest level since March

Friday, December 11, 2020, 6:56 AM MST

Oil retreated in London, slipping from a nine-month high and cooling a rally that has added more than 40% to…

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Inter Pipeline announces $1 billion spending plan

Friday, December 11, 2020, 6:23 AM MST

Inter Pipeline Ltd. says it will shell out $1 billion in capital expenditures in 2021 as it pushes to finish…

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Oil edges higher on vaccine optimism with Asia demand robust

Thursday, December 10, 2020, 6:53 AM MST

Oil rose as more countries approved COVID-19 vaccines, boosting the demand outlook and shrugging off a bumper increase in U.S.…

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Oil near $49 after attack on small Iraqi wells, stimulus hopes

Wednesday, December 9, 2020, 6:35 AM MST

Oil held near $49 a barrel after two tiny Iraqi oil wells were attacked and markets globally rose on the…

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COVID hits clean energy in developing nations after record year

Wednesday, December 9, 2020, 6:22 AM MST

Investment in clean energy is slowing in developing countries this year after a record-breaking $32 billion flowed into the business…

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Oil fluctuates with demand outlook, virus vaccines in focus

Tuesday, December 8, 2020, 6:48 AM MST

Oil swung between gains and losses as the market weighed the outlook for demand as coronavirus vaccines begin. Futures in…

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Oil advances toward $50 after OPEC+ clinches compromise deal

Friday, December 4, 2020, 6:46 AM MST

Oil extended gains toward $50 a barrel after OPEC+ reached a compromise deal to gradually taper production cuts. Futures rose…

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Oil slips before pivotal OPEC+ meeting on production policy

Thursday, December 3, 2020, 6:48 AM MST

Oil fell before an OPEC+ meeting as powerbrokers in the alliance haggle over output policy after failed talks earlier in…

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Oil holds steady with OPEC working to bridge gaps on policy

Wednesday, December 2, 2020, 6:44 AM MST

Oil held steady in New York, with OPEC and its partners engaging in a diplomatic push to agree on output…

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Oil near $45 with OPEC+ struggling for consensus on output

Tuesday, December 1, 2020, 6:34 AM MST

Oil traded near $45 a barrel in New York with OPEC seeking more time to reach a deal on production…

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Oil retreats on signs of OPEC+ discord ahead of key meeting

Monday, November 30, 2020, 6:38 AM MST

Oil dropped below $45/bbl as a consensus within OPEC+ to postpone an output hike planned for January remained elusive ahead…

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