Latest News
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Apr 30/26: BRENT Oil hits wartime high of $125 a barrel on reports U.S. considering new attacks on Iran. WTI Crude $ 105 +/-
Crude oil hit its highest level since 2022 amid reports that the U.S. is considering new attacks on Iran and President Donald Trump’s warning that his blockade of Iranian ports could last months. The price surge…
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Bullish on Pembina Pipeline Corp.
Pembina Pipeline (PPL-T +1.25%increase, Monday’s close: $58.17) advanced from $38.79 in October 2023 to $60.72 in November 2024 (A–B), supported by a rising trendline (dotted) and its rising 40-week moving average (40WMA). Following this advance, the…
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Montreal-based CGI’s profit rises to $445-million in second quarter
CGI Inc. GIB-A-T -14.80%decrease says it earned $444.7-million in its second quarter compared with a profit of $429.7-million a year earlier. The business and technology consulting firm says the profit amounted to $2.09 per diluted share for the…
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This ‘New Government’ has no interest in arresting our economic decline
IF you have been wondering what meaning to attach to that irritating phrase the Carney Liberals use to describe themselves, “Canada’s New Government” – which was irritating enough when it was first employed, under Stephen…
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Apr 29: Brent oil tops $118 after Trump says he will blockade Iran until it agrees to a nuclear deal
Oil prices jumped more than 6% Wednesday, after President Donald Trump said he will maintain the U.S. naval blockade against Iran until they agreed to a nuclear deal. International benchmark Brent crude futures rose more than 6%…
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Apr 29: BoC holds rate at 2.25%, but warns of energy and trade risks
The Bank of Canada held its benchmark interest rate steady on Wednesday, but warned that interest rates may need to change depending on the duration of the oil price shock and the outcome of trade…
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Celestica reports Q1 profit and revenue up, boosts full-year guidance
TORONTO – Celestica Inc. boosted its financial guidance for its full year as it reported its first-quarter profit and revenue rose compared with a year ago. The technology company, which keeps its books in U.S.…
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Spotify stock plummets after earnings beat expectations as guidance disappoints
Shares of Swedish audio-streamer Spotify fell over 13% after the market opened Tuesday, as soft guidance overshadowed an earnings beat. The company said first-quarter revenue rose 8% from last year to 4.5 billion euros ($5.3 billion), while…
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U.S. crude oil tops $100 on report Trump dissatisfied with Iran’s proposal to open Hormuz
Published Mon, Apr 27 20269:05 PM EDTUpdated 2 Hours https://www.cnbc.com/2026/04/28/oil-prices-us-iran-hormuz-negotiations-wti-brent-crude.html