Author: Consultant

February WTI crude oil (CLG24) this morning is up +0.78 (+1.05%), and Feb RBOB gasoline (RBG24) is down -0.22 (-0.10%).Crude oil and gasoline prices this morning are mixed, with crude […]

U.S. crude stocks, gasoline and distillate inventories rose last week, the U.S. Energy Information Administration (EIA) said on Wednesday.Crude inventories rose by 2.9 million barrels in the week to Dec. […]

Canada’s annual inflation rate held at 3.1 per cent in November, higher than analyst expectations of 2.9 per cent, Statistics Canada said Tuesday in a report.The result was largely driven […]

BP will pause all of its shipments through the Red Sea effective immediately due to a series of attacks on trade vessels by Houthi rebels in Yemen, the company announced […]

Monday December 18Bank of Japan monetary policy meeting (through Tuesday)(8:30 a.m. ET) Canadian construction investment for October.(8:30 a.m. ET) Canada’s new housing price index for November. Estimate is a decline […]

Published: 12/15/2023 5:18 PM ET | The Canadian market ended sharply lower on Friday as stocks fell on sustained selling pressure, after Bank of Canada Governor Tiff Macklem said the bank is unlikely […]

Bank of Canada Governor Tiff Macklem said that inflation could be “getting close to” the bank’s target by the end of next year, and laid out conditions under which the […]

Retail sales rose 0.3% in November, stronger than the 0.2% decline in October and better than the Dow Jones estimate for a decrease of 0.1%. Sales held up despite a […]

Cenovus Energy CVE-T +1.83%increase said on Thursday it expects higher production from its U.S. refineries in 2024 as the Canadian company’s two refineries restarted operating at full capacity.The company had been grappling with […]