Financial

After several days of declines, oil prices rose on Wednesday after the US Energy Information Administration reported a larger-than-anticipated drop in US crude inventories.  Equinor photo. Oil prices fell 5 per cent Tuesday Oil prices [Read more]

Oil prices dropped over 3 per cent on Thursday as global stock markets fell and the United States reported a surprise build in its crude inventories.  Anadarko photo. Brent oil prices just over $80/barrel Oil [Read more]

Oil prices topped $85/barrel on Tuesday on concerns about falling Iranian crude exports prior to the Trump administration’s sanctions along with a partial production shutdown in the US Gulf of Mexico as Hurricane Michael approaches.  [Read more]

Oil prices crept higher on Friday after data released by the US government showed strong job numbers and rising wages.  Anadarko photo.   Oil prices up between 15-20 per cent since August Oil prices rose slightly [Read more]

Oil prices dropped on Thursday after Saudi Arabia and Russia announced they would increase their production to offset supply shortfalls due to the reimposition of US sanctions against Iranian crude exports.  Apache photo. Oil prices [Read more]

Oil prices slipped slightly on Tuesday after a three-day rally, however, prices are still close to four-year highs as the market jitters over the looming Trump administration sanctions on Iranian crude.  Total photo. Oil prices [Read more]

Brent oil prices topped $83/barrel during trading on Friday as the market “came to grips with the fact that the Iranian sanctions are not that far away,” Phil Flynn of Price Futures Group told Reuters. [Read more]

Oil prices were up on Thursday as investors considered the expected global crude shortfall as the Trump administration’s sanctions against Iranian crude exports near.  Total photo. Oil prices rise ahead of US midterm elections On [Read more]

Oil prices fell slightly on Wednesday after data from the US Energy Information Administration showed an increase in crude stocks, however, the Trump administration’s looming sanctions on Iranian crude exports continue to unsettle the market. [Read more]

While in New York on Tuesday, French President Emmanuel Macron said that if US President Donald Trump had not reimposed sanctions on Iranian crude, oil prices would not have climbed so high. Elysee Verified Twitter [Read more]

Oil prices rose on Friday after reports that OPEC and its allies would increase production by a total of 500,000 barrels per day to avoid global crude shortages due to the Trump administration’s reimposition of [Read more]

Oil prices fell Thursday, slowing a recent wave of price increases, after a tweet from US President Donald Trump called for OPEC to “get prices down now!”.   Oil prices expected to be in $80/barrel range [Read more]

West Texas Intermediate oil prices topped $70/barrel Wednesday after data released by the US Energy Information Administration showing a decrease in US crude stocks and strong demand for gasoline.  Nabors photo. Oil prices up as [Read more]

Oil prices rose on Tuesday after OPEC signalled it is not interested in changing its current output despite looming US sanctions on Iranian crude exports. Equinor photo by Ole-Jørgen-Bratland.  Saudi Arabia comfortable with oil prices [Read more]

Oil prices rose on Wednesday, with Brent topping $80/barrel during the session after the US EIA reported a decline in US crude stocks and the market jitters continued over the expected fallout from the Trump [Read more]

Oil prices jumped over 2 per cent on Tuesday as the market grew more concerned about the global supply of crude as the date for the Trump administration’s reimposition of sanctions against Iranian crude nears.  [Read more]

Oil prices fell on Thursday after data from the US Energy Information Administration showed a rise in gasoline and distillate inventories as well as a slight increase in stockpiles at the Cushing, Oklahoma, delivery hub [Read more]