Markets & Investment

Keystone’s partial restart delayed by weather, pollution risk

Wednesday, December 14, 2022, 7:06 AM MST

TC Energy’s efforts to restart a segment of its Keystone oil pipeline after a 14,000-barrel spill have been delayed by…

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Oil prices may rally next year as Russian exports sink, IEA says

Wednesday, December 14, 2022, 6:56 AM MST

Oil prices could rally next year as sanctions squeeze Russian supplies and demand beats earlier expectations, the International Energy Agency…

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Oil steadies after two-day rally ahead of Fed rate decision

Wednesday, December 14, 2022, 6:42 AM MST

Oil rose for a third day ahead of the US Federal Reserve’s monetary policy decision while the IEA cautioned that…

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Oil edges higher as China signals further easing of Covid rules

Tuesday, December 13, 2022, 6:34 AM MST

Oil rose for a second day on signs of further easing of China’s Covid-19 restrictions and as a key North…

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Oil drops below $71 as traders weigh growth outlook, Keystone

Monday, December 12, 2022, 6:12 AM MST

Oil erased an earlier increase as markets struck a cautious note ahead of a week of interest rate decisions and…

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Oil set for steep weekly loss as slowdown concerns loom large

Friday, December 9, 2022, 6:33 AM MST

Oil headed for a weekly loss of more than 9 per cent after a volatile period of trading as concerns…

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Oil rises after four-day retreat as China edges toward reopening

Thursday, December 8, 2022, 6:16 AM MST

Oil snapped a four-day drop as investors weighed the impact of China’s moves to ease virus curbs against the risk…

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Oil pares drop as China Covid shift weighed against demand woes

Wednesday, December 7, 2022, 6:19 AM MST

Oil stemmed a string of losses as a tough outlook for demand in 2023 was weighed against further signs of…

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Oil holds decline after widespread market slump jolts sentiment

Tuesday, December 6, 2022, 6:16 AM MST

Oil stabilized after Monday’s plunge as signs that China is moving away from its strict Covid Zero policy helped stem…

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EU agrees to set $60 price cap level for Russian oil exports

Monday, December 5, 2022, 6:57 AM MST

The European Union agreed to put a price cap on Russian oil at $60 a barrel, paving the way for…

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Russia won’t accept $60 price cap on its oil, Kremlin says

Monday, December 5, 2022, 6:55 AM MST

Russia will not accept the $60 per barrel price cap for its crude oil agreed upon by the European Union,…

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OPEC+ pauses as Russia sanctions and China COVID rules roil crude markets

Monday, December 5, 2022, 6:54 AM MST

OPEC+ responded to surging volatility and growing market uncertainty by keeping oil production unchanged. The outcome of the brief online…

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