9h ago
As businesses and individuals grapple with soaring energy costs, the situation could become significantly more precarious if Russia were to scale back oil and natural gas production, according to the head of Whitecap Resources.
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Most Popular Articles
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10h ago
7:01Oil gains as traders grapple with tight supplies, demand cuts
Oil rose as investors weighed solid physical market signals against concerns that a global slowdown will erode demand.
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Jun 30
7:01'Mind-blowing' free cash flow coming from oil sector: Nuttall
Long-time oil bull Eric Nuttall is predicting "mind-blowing" results from the oil producers that were Bay Street's star performers in the first half of this year.
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Jun 30
Oil headed for the first monthly decline since November as OPEC+ completed the return of output it halted during the pandemic and the U.S. president said he’ll push allies in the Persian Gulf region to boost production next month.
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Jun 29
6:51Shell chief paints bleak picture on global energy supply
The world is heading for a “turbulent period” as tightening supplies of liquefied natural gas and oil exacerbate a global energy crunch, Shell Plc Chief Executive Officer Ben van Beurden said.
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Jun 28
7:01Oil rally reverses amid signs of slowing gasoline demand
Oil shed its gains after a bullish crude inventory report was tempered by an unseasonal slowdown in gasoline demand.
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Jun 28
The recent underperformance in the energy sector has led one analyst to make a bullish call on the industry.
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Jun 28
7:28OPEC+ set for brief respite before tough decision on new deal
The OPEC+ alliance is set for an easy meeting this week as it cruises to the conclusion of a two-year pact on oil supplies. The respite won’t last long.
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Jun 28
4:07Oil extends gains as G7 leaders evaluate Russian oil price cap
Oil rose for a third day as global output threats compound already red-hot markets for physical supplies, while the Group of Seven agreed to look into a price cap for Russian oil.
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Jun 27
German Chancellor Olaf Scholz used a meeting with Canadian Prime Minister Justin Trudeau to push for closer energy ties as his ruling coalition in Berlin races to find alternatives to Russian fossil fuels.
