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,…
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…
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…
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.…
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…
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…
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…
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…
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…
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…
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…
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…
