Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

Report on Business

Executive Insight

Fresh, focused analysis
of today's business news for Globe Unlimited subscribers

Entry archive:

Future for oil brightens as geopolitical chips start falling into place Add to ...

Subscribers Only

Oil climbed out of the basement in January, when it was below $30 (U.S.) a barrel, and began a slow, lurching walk just past $50. On Monday, it went into a sprint, rising more than 3 per cent at one point, taking it above $53, its highest level of the year. It may go higher if the Saudi Arabian oil minister gets his way.

Report Typo/Error

Follow on Twitter: @ereguly

Next story

loading

Trending

loading

Most popular videos »

More from The Globe and Mail

Most popular