LATEST OIL HEADLINES
OIL & GAS STOCKS TO WATCH
U.S. reopening, people booking instant vacations drive oil gains: RBC's Tran
Michael Tran, managing director of Global Energy Strategy at RBC Capital Markets joins BNN Bloomberg with his views on oil. He says consumption will continue will pick up regardless of how much prices keep rising.
You need Canadian energy in your portfolio if you don't have it already: Canaccord's Rob Tetrault
Rob Tetrault, portfolio manager at Canaccord Genuity says he's changing his overweight positioning from U.S. markets to the TSX thanks to the big gains in cyclical sectors like energy. He's also investing heavier in global markets.
G-7 eyes ambitious shift to electric cars and away from oil
Group of Seven leaders are discussing ambitious plans to shift the balance of car buying away from gasoline to greener vehicles by the end of the decade, as part of a package of measures to combat climate change.
Oil dips as growing U.S. fuel supplies cloud summer rebound
Oil closed lower as an increase in U.S. fuel stockpiles clouded the outlook for a strong demand rebound during the summer driving season.
Iron Ore Faces Downside Risks, ANZ's Hynes Says
Jun.07 -- Daniel Hynes, senior commodity strategist at Australia and New Zealand Banking Group Ltd., discusses the outlook for iron ore and oil. China’s iron ore imports in May tumbled to their lowest level in a year as record prices deterred buyers of industrial commodities and the domestic recovery from the pandemic begins to slow. Hynes speaks on "Bloomberg Daybreak: Asia."
US$72-US$74 is a conservative price target for oil: Market strategist
Phillip Streible, chief market strategist at Blue Line Futures, joins BNN Bloomberg to set up the week ahead for commodities, weighing in on oil and copper.
Commodities update: Oil hits US$70 for the first time since 2018, gold lifts
BNN Bloomberg's Andrew Bell looks at the latest movements in commodity markets.