Oil prices hit a three-month high due to new US sanctions targeting Russian oil tankers and maritime insurance providers, amidst dwindling US crude stockpiles and cold weather.
In recent days, Fed Chair Jerome Powell and other officials have made it clear they're slowing down on lowering rates. Amid ...
“Oil price gains come amid support from a set of positive factors, including favorable weather forecasts, continued announcements of measures to support the Chinese economy, in addition to the ...
Oil futures rose sharply Friday, trading at their highest since October with support tied to cold weather in the U.S. and supply concerns.
Oil prices have started the year rallying aggressively, with Brent breaking $80 on Friday morning for the first time since October 7th.
Washington now has freer hand in restricting Russian oil amid predictions of a global glut.
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie ...
Premier Danielle Smith is now suggesting that giving Albertans a tax cut — as promised by the UCP during the 2023 election — could require running a budget deficit in 2025-26. This follows warnings ...
One of the biggest misconceptions in the oil market is the perceived growth in non-OPEC+ oil supplies moving forward, ...
Israel’s army confirmed Friday that one of the bodies recovered from Gaza earlier this week was that of 23-year-old hostage Hamzah AlZayadni. His body was retrieved with that of his father, Yosef ...
Critics dismiss Donald Trump's 'energy dominance' as unachievable, but though market forces largely drive drilling, his team ...
The Sounion had been a disaster in waiting in the waterway, with 1 million barrels of crude oil aboard that had been struck ...