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Oil prices steady as US rate-cut hopes contend with economic slowdown signals
StreetInsider· 13 hours agoWest Texas Intermediate (WTI) crude fell 3 cents to settle at $82.82 a barrel. The number of Americans filing new applications for unemployment benefits rose more than expected ...
Wildfire prompts MEG Energy, Imperial to move workers away from oilsands sites
The Canadian Press via Yahoo Finance Canada· 3 hours agoMEG's Christina Lake site has a current production capacity of about 110,000 barrels of oil per day,...
Oil prices gain 2% on big US storage withdrawal, weaker US dollar
Reuters via Yahoo Finance Canada· 2 days agoNEW YORK (Reuters) -Oil prices climbed about 2% on Wednesday on a bigger-than-expected weekly drop...
Oil prices settle slightly lower even as weaker US jobs data firm up rate-cut bets
Investing.com via Yahoo Finance Canada· 8 hours agoInvesting.com-- Oil prices settled lower Thursday, even as further signs of weakness in the labor market boosted hopes for rate cuts just a day after U.S. inventories fell much more than expected.
Think the carbon tax caused inflation and gas price hikes? Well, you're wrong | Canada
Daily Hive· 4 hours agoThe International Institute for Sustainable Development (IISD) released a report this month that...
Crude Oil churns on Monday as bull run fizzles out, WTI tests below $81.00
The Forex Market· 3 days agoWTI tested back underneath $81.00 as Crude Oil markets wobble. Forecasts of Chinese Crude Oil demand...
Oil prices steady amid falling US inventories, weak dollar
StreetInsider· 1 day agoOil prices rose on Wednesday, a day after benchmark Brent hit a one-month low, as a decline in U.S. oil stockpiles and a weaker dollar overshadowed signs ...
Economic Data is Driving Oil Price Movements
Oilprice.com via Yahoo Finance Canada· 7 days agoThe monthly CPI dip also fueled hopes of an interest rate cut, which has been in the focus of oil traders’ attention for months. “Cooling ...
Cuba moves to ‘partially’ dollarize economy as government struggles to make payments
Miami Herald via Yahoo Canada News· 1 hour agoBut he said that economic activity has created an “uncontrollable demand” for dollars, driving its ...
Oil prices settle higher as large US inventory draw points to improving demand
Investing.com via Yahoo Finance Canada· 1 day agoInvesting.com-- Oil prices rose Wednesday, as data showing a much-larger-than decline in U.S. crude supplies pointed to improving summer demand and ease worries about weakness in China.