Oil prices fell by about 2 per cent on Friday due to ongoing concerns about a global economic slowdown, but prices are set to end the week higher on US-China trade hopes. Repsol photo. Oil [Read more] [Read more]
Oil prices climbed over 2 per cent on Thursday as investors grew more confident the US and China will resolve the months-long trade dispute that has hampered the global economy. Baytex photo. Oil prices up [Read more] [Read more]
Oil prices rose on Friday as trade talks continued between the US and China, easing some investors concerns about a global economic slowdown. However, gains were capped on data showing a rise in US refined [Read more] [Read more]
Oil prices fell over 3 per cent on Thursday as investors grew more concerned about rising global crude inventories and faltering economic growth. Anadarko photo. Oil prices down over 2 per cent Oil prices fell [Read more] [Read more]
Oil prices recovered slightly after Tuesday’s sell-off on data from the US Energy Information Administration showing demand for distillates rose to the highest levels since January 2003. Nexen photo. US oil prices up over 2 [Read more] [Read more]
US oil prices were down almost 8 per cent on Tuesday on rising global crude inventories and concerns over deteriorating economic growth worldwide. Apache photo. Oil prices weakest since September 2017 Oil prices took a [Read more] [Read more]
Oil prices fell over two per cent on Friday as the US stock market took another hit and economic data released from China indicated lower fuel demand from the world’s largest importer of crude. Chevron [Read more] [Read more]
Oil prices fell 4 per cent Thursday, but regained some ground after OPEC and its allies signalled later in the day that it would cut production. Baytex photo. Oil prices down about 30 per cent [Read more] [Read more]
Oil prices climbed over 4 per cent on Monday after talks between the US and China resulted in a temporary truce to the trade war that has dragged down markets in recent months. Anadarko photo. [Read more] [Read more]
Oil prices fell over one per cent on Friday on rising crude stocks and despite expectations that OPEC and Russia will agree to a production cut next week at the cartel’s meeting in Vienna. Anadarko [Read more] [Read more]
Oil prices climbed on Thursday after industry sources reported that Russia has agreed for the need for crude output cuts for 2019. Equinor photo. Oil prices up over 2 per cent US oil prices jumped [Read more] [Read more]
Oil prices rose over 3 per cent on Monday, but gains were capped by concerns about the slowing global economy and rising crude supplies. BP photo. Oil prices up over 3 per cent After dropping [Read more] [Read more]
Oil prices were up slightly on Friday in volatile trading. Prices were underpinned by expectations that at a meeting next month in Vienna, OPEC will agree to cut output in 2019. ConocoPhillips photo. Oil prices [Read more]
Oil prices rose on Thursday after US EIA data showed falling US fuel inventories and despite investor concerns about a potential oversupplied market in 2019. Repsol photo. Oil prices pared on EIA data showing 10.3 [Read more]
Oil prices fell on Friday as the global crude supply increased and investors grew more concerned about slowing fuel demand. Repsol photo. Oil prices down about 20 per cent since beginning of October Oil prices [Read more]
Oil prices fell on Thursday as investors grew more concerned about bulging global oil supplies which are increasing faster than experts had forecast. Anadarko photo. Oil prices down over 1 per cent Oil prices dropped [Read more]
Oil prices fell almost 2 per cent on Tuesday, one day after the Trump administration announced it will grant waivers to some of Iran’s top crude buying customers. Nexen photo. Oil prices also impacted by [Read more]
Oil prices were up slightly on Monday as the sanctions on Iranian crude exports formally began, however, the Trump administration granted eight countries temporary waivers to the sanctions which helped ease concerns about an oil [Read more]
In an all-stock deal valued at approximately $5.5 billion, Encana Corporation will acquire all the outstanding shares of common stock of Newfield Exploration Company. Encana photo. Newfield Exploration deal makes Encana one of the top [Read more]
Husky Energy says it will boost its downstream capacity, which will insulate the company from recent large heavy oil discounts, if it is able to complete its hostile takeover effort of MEG Energy Corp. CP [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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