Go to the Globe and Mail homepage

Jump to main navigationJump to main content


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




Most popular videos »

More from The Globe and Mail

Most popular