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energy and resources
Oil falls 6 per cent on reduced risk of wider Middle East war
FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/David McNew//File Photo
energy and resources
Oil prices hold near two-week low on lower demand growth forecasts
An array of pumpjacks operate Thursday, July 7, 2022, in Odessa, Texas. (Eli Hartman/Odessa American via AP)
inside the market
What every Canadian investor needs to know today
NEW YORK, NEW YORK - OCTOBER 08: Traders work on the floor of the New York Stock Exchange during morning trading on October 08, 2024 in New York City. Stocks opened up on the rise after the Dow Jones saw a loss of 400 points amid a rise in oil prices. (Photo by Michael M. Santiago/Getty Images)
energy and resources
IEA sees oil surplus looming in new year, reassures on Iran supply risk
FILE PHOTO: A view of the logo of the International Energy Agency in Paris, France, December 15, 2023. REUTERS/Sarah Meyssonnier/File Photo
energy and resources
Oil prices hold at two-week low on lower oil demand growth forecasts
FILE - An array of pumpjacks operate near the site of a new oil and gas well being drilled April 8, 2022 in Midland, Texas. (Eli Hartman/Odessa American via AP, File)
energy and resources
OPEC+ panel sticks to output policy, doubles down on compliance
FILE PHOTO: The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina/File Photo
energy and resources
OPEC+ unlikely to change output policy at Oct. 2 panel meeting, sources say
FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. Angola says it’s leaving the OPEC oil producers cartel, coming after it battled with the group over lower production quotas this year. According to state news agency Angop, the African nation’s oil minister said Thursday that Angola “does not gain anything by remaining in the organization.” (AP Photo/Lisa Leutner, File)
energy and resources
Oil prices rise 3% after Iran launches missiles at Israel
FILE PHOTO: Oil rig pumpjacks, also known as thirsty birds, extract crude from the Wilmington Field oil deposits area near Long Beach, California July 30, 2013. REUTERS/David McNew/File Photo
energy and resources
Oil settles higher but falls on the week on firmer supply outlook
FILE - In this April 24, 2015, file photo, pumpjacks work in a field in the Permian Basin near Lovington, N.M. Top officials with the largest Native American tribe in the United States are renewing a request for congressional leaders to hold a field hearing before deciding on federal legislation aimed at limiting oil and gas development around Chaco Culture National Historical Park. The Navajo Nation has struggled for years with high poverty rates and joblessness, and the tribe’s legislative leaders say individual Navajo allottees stand to lose an important source of income if a 10-mile buffer is created around the park. (AP Photo/Charlie Riedel, File)
international business
OPEC+ set to go ahead with Dec oil output hike, sources say
FILE PHOTO: FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
international business
Saudi Arabia to drop $100 crude target to win back market share, FT reports
FILE PHOTO: Saudi Arabian flag with stock graph and an oil pump jack miniature model are seen in this illustration taken October 9, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
top links
BMO chief economist makes important distinction - ‘Inflation is lower, prices are not’
People shop at a Walmart in Vaughan, Ont., on Wednesday, July 2.
energy and resources
OPEC boosts long-term oil demand outlook, driven by developing world growth
FILE PHOTO: FILE PHOTO: The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina/File Photo
energy and resources
Libyan crude exports rose sharply last week, shipping data show
FILE PHOTO: Crude oil storage tanks are seen at Azzawiya oil refinery, in Zawiyah, west of Tripoli, Libya July 23, 2020. REUTERS/Ismail Zitouny/File Photo
globe investor
UBS cuts oil price view for 2024 on weak demand outlook
A view shows the ExxonMobil oil refinery in Port-Jerome-sur-Seine, France, March 8, 2023.
energy and resources
IEA cuts 2024 oil demand growth forecast on China slowdown
FILE PHOTO: A pumpjack is seen at the Sinopec-operated Shengli oil field in Dongying, Shandong province, China January 12, 2017. REUTERS/Chen Aizhu
energy and resources
OPEC again lowers its 2024, 2025 global oil demand growth forecast
FILE PHOTO: The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina/File Photo
energy and resources
Weak oil demand looms over Singapore industry gathering
Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang province, China December 7, 2018. Picture taken December 7, 2018. REUTERS/Stringer/file photo
energy and resources
Oil prices fall on U.S. jobs data, set for big weekly drop
A flare burns off methane and other hydrocarbons as oil pumpjacks operate in the Permian Basin in Midland, Texas, Tuesday, Oct. 12, 2021. The federal Liberals will finally provide details on their long-promised oil and gas emissions cap today.THE CANADIAN PRESS/AP, David Goldman
energy and resources
OPEC+ agrees to delay October oil output hike for two months
FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, on March 3, 2022. Leading oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another cut in crude supplies to the global economy as the OPEC+ alliance struggles to prop up sagging oil prices that have been a boon to U.S. drivers and helped ease inflation worldwide. The group is meeting Sunday, June 4, 2023 at OPEC headquarters in Vienna after sending mixed signals about possible moves. (AP Photo/Lisa Leutner, File)
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