Markets & Investment

Oil climbs as easing U.S. stockpiles adds to tightening outlook

Wednesday, August 24, 2022, 6:38 AM MDT

Oil rallied for a second day as an industry report signaled another drawdown in U.S. crude inventories, adding to a…

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Oil gains after Saudis flag OPEC+ action to arrest price slide

Tuesday, August 23, 2022, 6:46 AM MDT

Oil rose near $92 a barrel in New York after Saudi Arabia said OPEC+ may be forced to cut production…

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Buffett’s Berkshire Hathaway seeks to buy as much as 50% of Occidental

Monday, August 22, 2022, 6:50 AM MDT

Warren Buffett’s Berkshire Hathaway Inc. won approval from U.S. regulators to buy as much as 50 per cent of Occidental…

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Oil pares loss in choppy August trading amid Iran deal risk

Monday, August 22, 2022, 6:43 AM MDT

Oil pared its decline as traders weighed the potential for a resumption of the nuclear deal with Iran against the…

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Russia’s Gazprom to shut gas pipeline to Europe for 3 days

Monday, August 22, 2022, 6:39 AM MDT

A key pipeline conveying Russian natural gas to Europe will shut down for three days at the end of this…

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Canada, Germany to set targets and timelines for hydrogen development and exports

Monday, August 22, 2022, 6:35 AM MDT

An energy pact between Canada and Germany expected to be signed this week in Newfoundland and Labrador will set aggressive…

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Oil set for weekly loss as slowdown concerns offset US demand

Friday, August 19, 2022, 6:22 AM MDT

Oil is heading for a weekly loss as lingering concerns over an economic slowdown overshadowed signs of improving US demand.…

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Oil rises as bullish US demand weighed against recession fears

Thursday, August 18, 2022, 6:49 AM MDT

Oil rose for a second day as investors weighed lingering concerns about a global economic slowdown against bullish signals from…

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More brokers resign from Calgary oil firm at centre of lawsuit

Wednesday, August 17, 2022, 7:06 AM MDT

At least two more brokers resigned from a prominent Calgary oil brokerage in recent days, adding to the string of…

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Oil swings with recession fears, Iran talks dominating market

Wednesday, August 17, 2022, 6:29 AM MDT

Oil pared early losses on Wednesday after China signaled it would take steps to boost a flagging economy, and as…

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Oil pares losses as market mulls Iran supply, weak economies

Tuesday, August 16, 2022, 6:26 AM MDT

Oil recovered from early losses with the market weighing expectations of an increase in Iranian production and worsening prospects for…

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Oil extends losses as traders weigh China outlook, Iran supply

Monday, August 15, 2022, 6:38 AM MDT

Oil extended losses at the start of the week as traders weighed concerns about Chinese demand and the prospect for…

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