Oil prices plunged more than 10 per cent on Friday – their largest daily drop since April 2020 – but recovered some of those losses on Monday, standing up nearly 5 per cent on the day.

Oil prices tumbled on Tuesday, with U.S. crude futures falling by more than 6 per cent, after Moderna’s chief cast doubt on the efficacy of COVID-19 vaccines against the Omicron coronavirus ...

Since the end of July, benchmark U.S. oil prices have fallen by more than $11 a barrel, with the September contract closing Friday at US$62.32, down $1.37 for the day.

Both benchmarks tumbled on Friday with the emergence of the new variant representing the biggest threat to the recovery in oil consumption in several months, with a World Health Organization panel set ...

Canada’s main stock index surged as reassurances about the latest COVID-19 variant powered the energy sector higher and prompted a broad-based rally. The S&P/TSX composite index closed up 227.83 ...

Well, oil right now is the lowest it's been since the delta variant was surging in the spring and summer of this year. And of course, now we have this new variant, B11529, from Southern Africa.

Oil always gets hit the worst across assets because it's always restrictions on mobility. So right now, we're still learning more about this variant, and that's weighing on oil prices.

TORONTO - Canada’s main stock index lost ground to start a holiday-shortened week as fears about the Delta COVID-19 variant contributed to lowering crude oil prices. Investor concerns were sparked by ...

OPEC and its allies will decide on Thursday whether to release more oil into the market or restrain supply amid big gyrations in crude prices, a U.S. release from oil reserves and fears about the new ...