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Oil market

Canada Oil Producers Grapple with Trudeaus Demand for Faster Emissions Cuts

Canada’s oil producers face new pressure from Prime Minister Justin Trudeau to reduce emissions in just three years, a sudden acceleration of their plans that at least one major company ...
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WTI Pulls Back from 7Y High as Crude Bulls take Breather

Oil futures pulled back from multiyear highs Thursday, with analysts citing profit-taking after a run to multiyear highs.West Texas Intermediate crude for December delivery was down 68 cents, or 0.8%, ...
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Oil Pulls Back as China Moves to Tamp Down Coal Prices

Oil futures pulled back from multiyear highs Wednesday, feeling pressure as China moved to bolster the nation’s coal supplies and as traders await official weekly figures on U.S. crude inventories ...
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Oil Futures move Mostly Higher Day after Touching Multiyear Intraday Highs

Oil futures traded mostly higher on Tuesday but lacked momentum, a day after the U.S. benchmark crude contract touched its highest intraday level in about seven years amid signs the ...
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Oil Hits ThreeYear High on Back of Supply Deficit Forecasts

(Reuters) -Oil prices jumped to a three-year high above $85 a barrel on Friday, boosted by forecasts of a supply deficit in the next few months as the easing of ...
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Oil Prices Climb on Power Boost, Set for MultiWeek Gains

MELBOURNE (Reuters) -Oil prices climbed on Friday, heading for gains of more than 2% for the week, on increasing signs of robust demand and tighter supplies over the next few ...
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U.S. Oil aims for 4th Straight Gain, but Brent Stumbles

Oil futures saw mixed trading on Tuesday, with U.S. prices attempting to stretch their streak of gains into a fourth session but global crude benchmark prices on the decline after ...
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Crude Jumps on Global Energy Crunch; U.S. Oil at 7Year High

Oil prices rose 2% on Monday, extending multiweek gains as an energy crisis gripping major economies shows no sign of easing amid a pick up in economic activity and restrained ...
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U.S. Oil Taps Highs, on Track for Weekly Rise of around 5

Oil futures rose on Friday, on track to score a roughly 5% gain for the week as U.S. prices touched highs above $80 a barrel for the first time in ...
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NaturalGas Prices Extend Pullback from Multiyear Highs

Natural-gas futures extended a pullback on Thursday from multiyear highs, a day after remarks by Russian President Vladimir Putin said Mosco would raise natural-gas supplies to Europe.Oil prices, meanwhile, looked ...
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Natural Gass Boom and Bust

The energy market may have passed an inflexion point yesterday. The more than 20% jump in prices in Europe on Tuesday to $1,500 per 1,000 cubic meters triggered an avalanche ...
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Oil At Records on OPEC Restraint amid Global Energy Crunch

* OPEC+ on Monday stuck to plan for gradual supply hikes* U.S. crude stocks rise 951,000 barrels according to API - report * Coming Up: EIA supply report, 1430 GMT ...
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Oil Holds near 3Y Highs, OPEC Keep Tight Control of Taps

LONDON, Oct 5 (Reuters) - Brent crude oil futures stuck near three-year highs on Tuesday, with U.S. benchmark crude close to 2014 peaks, after the OPEC+ supplier group decided to ...
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U.S. Oil Futures Build on a nearly 7Year High

U.S. oil futures looked to stretch their gains into a fourth straight session on Tuesday, a day after the Organization of the Petroleum Exporting Countries and its allies decided not ...
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U.S. Oil Rallies to 7Year High after OPEC Opts to Stick to Original output Plan

Oil futures rallied Monday, with U.S. prices heading for their highest finish since 2014, after the Organization of the Petroleum Exporting Countries and its allies kept its current agreement to ...
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