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Oil Falls With Broader Commodity Weakness Amidst Listless Trade
Bloomberg via Yahoo Finance Canada· 24 hours ago(Bloomberg) -- The air is being sucked out of the oil market, with prices collapsing on Friday in...
Oil prices rise on bigger-than-expected draw in US inventories
StreetInsider· 1 day agoCrude markets were nursing steep losses over the past week, as a string of weak economic readings from top importer China drummed up concerns over slowing global demand. Brent ...
Oil Bulls Face Make-or-Break Moment on Price Rally
Bloomberg· 4 days agoThis quarter should be the tightest of the year for global crude supplies, but once the summer squeeze has passed, fundamentals look set to soften.
Wildfires Erupt in Canada Crude Patch in Threat to Oil Sands
Bloomberg via Yahoo Finance Canada· 3 days ago(Bloomberg) -- Hot and dry weather is spawning dozens of new wildfires across Alberta, with blazes...
Oil Halts Run of Losses on Estimate for US Crude Inventory Draw
Financial Post· 4 days agoBrent traded just below $84 a barrel while West Texas Intermediate was near $81. US crude stockpiles...
Nigeria’s Mega Refinery Priced Out of Local Crude, Dangote Says
Bloomberg· 2 days agoNigeria’s giant new refinery is being priced out of local crude, forcing the plant to rely on...
Oil Slips in Listless Summer Trade With Chinese Data in Focus
Bloomberg via Yahoo Finance Canada· 5 days ago(Bloomberg) -- Oil edged lower as traders assessed signs of muted demand in the US and China, while...
Futures Fall as Oil Prices Slump
Baystreet· 3 days agoFutures linked to Canada's main stock index declined on Wednesday, dragged down by falling crude prices, a day after the TSX closed at a record high. The TSX Composite Index ...
Oil Steadies as Timespreads Signal Tight Short-Term Supplies
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- Oil held steady after the biggest daily gain in a month as US crude’s prompt spread...
Russia Plans to Make OPEC+ Compensation Oil Cuts in Warm Seasons
Financial Post· 4 days agoRussia, currently the largest crude producer among the Organization of Petroleum Exporting Countries...