Oil surged to a 10\u002Dmonth high as global benchmark Brent topped $95 a barrel for the first time since November. Read more.
Global benchmark Brent topped US$95 a barrel for the first time since November. The tighter market has ignited a flurry of predictions that US$100 oil could return in a roster than runs from industry heavyweights such as Chevron Corp. chief executive Mike Wirth to traditional bears at Citigroup Inc.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.
National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Subscribe now to read the latest news in your city and across Canada.Daily content from Financial Times, the world's leading global business publication. Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Create an account or sign in to continue with your reading experience.Share your thoughts and join the conversation in the comments.Don't have an account?
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
European Stocks Steady Ahead of Fed, Oil Triggers Inflation WoesEuropean stocks were steady as investors were wary of making bets ahead of this week’s central bank meetings, while Brent oil’s rally to $95 triggered worries about inflation spiking again.
Lire la suite »
Canada's Trans Mountain pipe expansion to disrupt oil flow to US, boost pricesCanada's Trans Mountain oil pipeline expansion (TMX), which will nearly triple the flow of crude from Alberta to Canada's Pacific Coast beginning early next year, will shake up North America's supply by diverting barrels now mainly delivered to refiners and exporters in the U.S. Midwest and Gulf Coast. Its startup could add as much as $2 per barrel to prices paid by U.S. Midwest oil refineries that sit along Canada's existing main oil-export route. 'They will be competing for barrels that no longer transit through their region,' said a Calgary-based oil trader.
Lire la suite »
Oil Surge Is a Bigger Risk for Europe Than for the US, OECD SaysEurope is at greater risk than the United States from surging oil prices making it harder to escape low growth and high inflation, the OECD’s chief economist Clare Lombardelli said.
Lire la suite »
School bus company on hook for Fort Creek oil spill cleanupA contaminated wetland at the edge of Fort Creek has been dug out after an oil spill and replaced with gravel and dirt fill; city says there is no plan to revert site back to a wetland
Lire la suite »
Oil Steadies After Three-Week Rally With Tighter Markets in ViewOil held near a 10-month high as OPEC+ supply cuts tightened the global market, with Saudi Energy Minister Prince Abdulaziz bin Salman due to address an industry conference on the kingdom’s crude policy and outlook.
Lire la suite »
Oil Steadies After Three-Week Rally With Tighter Markets in View(Bloomberg) -- Oil held near a 10-month high as OPEC+ supply cuts tightened the global market, with Saudi Energy Minister Prince Abdulaziz bin Salman due to address an industry conference on the kingdom’s crude policy and outlook.Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After Tricking IT Service DeskThe World Is Struggling to Make Enough DieselHouse Republicans Prepare to Turn US Government Shutdown Into Immigration ClashUS,
Lire la suite »