Nov 29
Oil prices rallied with traders betting that China will further ease COVID restrictions and U.S. government data showing crude stockpiles plummeted amid record export demand.
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Most Popular Articles
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Nov 29
2:45Oil holds gains as market speculates on upcoming OPEC+ meeting
Oil held onto gains as market uncertainty over OPEC’s upcoming decision on production tugged the price in opposite directions.
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Nov 28
8:05Oil rises with OPEC+ seen considering cuts amid faltering market
Oil climbed to an intraday high with OPEC and its allies expected to consider deeper production cuts when they meet this weekend.
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Nov 25
Oil posted a third weekly loss as the European Union suspended talks over a Russian oil price cap amid disagreements between member states.
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Nov 24
6:01Oil steady as Russian price-cap talks drag on and demand lags
Oil was little changed as the European Union considered a higher-than-expected price cap on Russian crude and evidence mounted of challenges to demand.
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Nov 23
2:45Oil sinks as EU discusses a softer Russian price cap at US$65-US$70
Oil tumbled to near a two-month low as traders assessed a higher-than-expected price cap on Russian crude between US$65 and US$70 a barrel and a surprise build in U.S. products.
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Nov 22
Oil rose after a choppy session on Monday as investors juggled an uncertain supply outlook with concerns that demand in virus-hit China will slip further.
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Nov 21
8:17Oil edges lower in volatile session amid OPEC-headline turmoil
Oil emerged from a volatile session largely unchanged after Saudi Arabia denied a report that it was discussing an oil-production increase.
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Nov 18
7:10Oil slumps 10% this week as oversupply fears send bulls to exits
Oil dropped the most in a week since April as the full weight of languishing Chinese demand and more economic tightening radically shifted the market’s sentiment.
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Nov 17
After long enjoying a reputation as a "bridge fuel" capable of helping the world achieve its climate goals, natural gas is losing some of its environmental lustre — and that has implications for Canada's energy sector.
