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LATEST OIL HEADLINES
OIL & GAS STOCKS TO WATCH
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2:11Halliburton CEO Says Oil Markets Will Continue to Tighten
Halliburton Co. Chief Executive Officer Jeff Miller discusses the outlook for energy markets. He speaks with Yousef Gamal El-Din on Bloomberg Television.
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6:38Veteran oil watcher says US$100 possible but investor exuberance risks nasty setback
Andrew Lebow, senior partner at Commodity Research Group, joins BNN Bloomberg and says Saudi and Russian production cuts have succeeded brilliantly in curbing supplies and pushing up crude prices. But he warns that investors are overwhelmingly bullish on oil, with long positions 15 times greater than shorts, which means a correction could be sharp and painful
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5:51Oil rally falters with crude market in overbought territory
Oil’s rally to US$95 a barrel faltered as investors cashed out and the market settled in overbought territory.
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3:02Markets in 3 Minutes: Oil Won't Hold $100, Cooler German Inflation
Eddie van der Walt, Anna Edwards and Tom Mackenzie break down today's key themes for analysts and investors on "Bloomberg Markets Today."
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5:31Oil jumps to one-year high as Cushing tanks hit critical levels
Oil jumped to a fresh one-year high as crude stockpiles in the largest U.S. storage hub dropped to the lowest since July 2022.
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6:54TSX recap: Index falls 1.23% on telecom, utilities losses
Canada's main stock index closed down almost 250 points Tuesday with broad-based losses led by the telecom, utilities and base metal sectors, while U.S. stock markets also tumbled.
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5:51Demand for coal, oil and natural gas to peak within 10 years: report
Even if no new government climate policies are introduced before 2030, global demand for fossil fuels will still peak before the end of the decade, a new report by the International Energy Agency states.
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5:51Oil edges higher as scarce supplies vie with risk-off sentiment
Oil edged higher as the effect of rapidly tightening supplies outweighed a weakening risk appetite in broader markets.
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10:02Oil is going to trade between US$85-105 for the rest of the year: Eric Nuttall
Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, discusses his outlook for where the price of oil is headed.
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9:26Well productivity is the biggest driver in energy: analyst
Neal Dingmann, managing director and Energy Research at Truist Securities, joins BNN Bloomberg and shares his preferred energy stocks amid ongoing OPEC+ action.