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The Globe and MailUS oil prices set for worst month in over a year as floods hit demandThe Globe and MailU.S. crude oil prices are on track to post the steepest monthly losses in more than a year on Thursday as concerns spread over falling demand in the wo
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The Globe and MailOil prices gyrate as market grapples with Harvey's US damageThe Globe and MailCrude traded in a narrow but volatile range on Tuesday as the market grappled with the shutdown of some 13 per cent of refining capacity in the United State
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BloombergOil prices steady as Saudi cuts September suppliesThe Globe and MailOil prices steadied on Tuesday after news of lower crude supplies from Saudi Arabia offset higher production from other large exporters including the United States. Saudi state oi
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ReutersOil drops on rising US crude inventoriesThe Globe and MailU.S. crude oil inventories rose by 882,000 barrels in the week ending May 12 to 523.4 million, compared with analyst expectations for a decrease of 2.4 million barrels, data from industry gro
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Oil prices give up gains, US output weighs against OPEC-led cutsThe Globe and MailOil prices gave up early gains on Monday, as the market weighed news from OPEC and other producers about prolonging output cuts against data showing the recovery in U.S. dril
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Oil slides more than 1 per cent; US gasoline build seen as bearishThe Globe and MailOil slid more than 1 per cent on Wednesday, after U.S. data showed a counter-seasonal build in gasoline inventories and a smaller-than-expected decline in overall crude sto
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BloombergOil climbs after reports that Saudi Arabia wants output cuts extendedThe Globe and MailCrude oil turned positive on Tuesday, reversing course on reports that Saudi Arabia has told OPEC officials it wants to continue OPEC cuts for an additional six
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ReutersOil rises on Libyan field shutdown, Syria missile strikeThe Globe and MailOil rose toward $56 a barrel on Monday, supported by another shutdown at Libya's largest oilfield over the weekend and geopolitical tensions following last week's U.S.
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ReutersOil rises on Libyan field shutdown, SyriaThe Globe and Mail“The developments in Syria should be factored in as an additional risk premium in the oil price going forward, especially now that oil inventories are drawing down and the market is no longe
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VanguardOil rises on weak dollar, but bloated supply still weighsThe Globe and MailBut crude futures were weighed down by a resurgence in U.S. shale oil production and the expectation that inventories in the country would once again build, illustrating the
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