Brent Crude

• As oil hits $100 a barrel, what to know about the Bab el-Mandeb strait

  As of 11 a.m. eastern on Thursday, Brent crude prices were around US$100.60 per barrel as conflict in the Red Sea drove oil tanker traffic in the crucial Bab el-Mandeb strait down.

  Economy

  7 hours
  
• Oil tops $55 a barrel for 1st time in 16 months

  Brent futures, the global benchmark used to trade oil, soared to their highest since July 2015 at $55.33 a barrel.

  Consumer

  Dec 5, 2016
  
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• OPEC predicts slow rise in oil prices amid glut of crude

  OPEC now sees oil prices rising more slowly over the next few years than it had expected, as the oversupply of crude takes longer to work off.

  Money

  Nov 8, 2016
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• Oil prices spiral south for 4th straight day with larger-than-expected stockpile

  Crude oil prices fell for a fourth day on Wednesday, with jittery investors awaiting official U.S. stockpile figures later in the day after less comprehensive industry data showed a surprise build in inventories.

  Money

  Nov 1, 2016
• Oil surges past $50 for first time in 7 months

  The price of oil has broken the psychological barrier of US$50 a barrel for the first time in seven months, hitting fresh highs for the year.

  Money

  May 26, 2016
• Should Canadians be cheering for lower or higher oil prices?

  Oil prices fell sharply Monday after OPEC countries in Qatar failed to reach an agreement on halting production. But when it comes to the prices of crude, should Canadians be rooting for a $30 or $40 barrel?

  Consumer

  Apr 18, 2016
• North American oil prices hit lowest level in 6 1/2 years

  Crude prices drop to as low as $41.35 a barrel on Friday -- the weakest level since the depths of the global recession in early 2009.

  Canada

  Aug 14, 2015