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Gold heads for weekly dip as dollar, yields dominate mood
PUBLISHED FRI, SEP 8 2023Gold firmed on Friday as the dollar came off six-month highs but bullion was still en route to a weekly fall on chances of one more […] This post is only…
Oil ticks higher as tight supply trumps macroeconomic gloom
PUBLISHED THU, SEP 7 2023Oil prices hovered above $90 a barrel on Friday, on track to end the week higher as investors chose to focus on tighter supply, despite broader […] This post is only…
Canadian Natural expects Trans Mountain expansion project to be delayed until second quarter of 2024
Canadian Natural Resources Ltd CNQ-T +0.47%increase, a major shipper on the Trans Mountain oil pipeline expansion (TMX), expects the project will be delayed until at least the second quarter of 2024, the […] This post is only…
Canada gained more jobs than expected in August, unemployment rate unchanged at 5.5%
Canada’s economy gained a much greater than expected net 39,900 jobs in August and the unemployment rate remained at 5.5 per cent, official data showed on Friday, a sign of […] This post is only…
Canadian Market Firmly Down In Negative Territory After BoC Holds Rates
Published: 9/6/2023 12:35 PM ETThe Canadian market is down firmly in negative territory in early afternoon trades on Wednesday, weighed down by losses in healthcare and utilities sectors.Several stocks from industrials, […] This post is only…
Tropical Storm Lee is expected to rapidly intensify into an ‘extremely dangerous’ hurricane in the Atlantic by this weekend
Tropical Storm Lee is expected to rapidly intensify into an “extremely dangerous” hurricane in the Atlantic Ocean by this weekend, the National Hurricane Center said Tuesday as the season approaches […] This post is only…
India importing Russian oil is a ‘win-win’ for the world economy, says India’s No. 1 oil company
India’s imports of Russian crude is a win-win situation for the world’s oil markets, said Oil and Natural Gas Corporation Ltd (ONGC), India’s No. 1 oil company. By importing from […] This post is only…
Oil rises on China, U.S. economic data and OPEC+ cut expectations
Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts […] This post is only…
Enbridge to purchase three U.S. utilities for $14 billion in cash and debt
Enbridge Inc. has signed a US$14 billion cash-and-debt deal that represents a major vote of confidence by the Canadian company in the future of natural gas.The Calgary-based energy infrastructure giant […] This post is only…