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1 day ago · The August crude oil contract was down 20 cents at US$81.54 per barrel and the August natural gas contract was down eight cents at US$2.60 per mmBTU. The August gold contract was up $3 at US$2,339.60 an ounce and the September copper contract was up four cents at US$4.39 a pound. This report by The Canadian Press was first published June 28, 2024.
1 day ago · Canada's primary stock index ended lower for a 3rd straight day on Tuesday as a drop in oil costs weighed on energy shares and financiers waited for a crucial U.S. inflation report that could form expectations for Federal Reserve interest rate cuts. The Toronto Stock Exchange's S&P/ TSX composite index ended down 15.83 points, or 0.1%, at 22,243.34, extending its decline because notching a ...
1 day ago · TORONTO — Canada's main stock index closed lower Friday on broad-based losses, while U.S. stock markets also closed down despite earlier gains. The S&P/TSX composite index ended down 66.37 points at 21,875.79 as energy and industrials fell.
6 hours ago · NEW YORK (Reuters) -Oil prices fell slightly on Friday as investors weighed weak U.S. fuel demand, but key inflation data for May boosted the chances of the U.S. Federal Reserve starting to cut interest rates this year. Brent crude futures for August settlement, which expire on Friday, were up 8 cents at $86.47 a barrel by 12:00 p.m. EDT (1600 ...
5 hours ago · The trend is no more positive this evening in Europe: our OATs are stretching +3Pts towards 3.303% (+12Pts over the past week, +20Pts since June 7, the worst level since early November 2023), while Bunds are off +4Pts towards 2.4910% (+8Pts hebdo): the OAT/Bund spread remains above 83Pts.
1 day ago · While overall M&A deal volumes are up around 14% at the midway point of 2024, they still lag the 10-year average for a first half by more than $300 billion, according to data compiled by Bloomberg.
1 day ago · With the drop in the price of oil in 2015 it was down to $1.4 billion. In 2016, Alberta received "about $837 million in royalty payments from oil sands Royalty Projects". [123] According to the 2018–2021 fiscal plan, the two top sources of revenue in 2016 were personal income tax at $10,763 million and federal transfers of $7,976 million with total resource revenue at $3,097 million.
