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Alberta's provincial government says it will ease mandatory oil production cuts in February and March, earlier than expected, saying its actions have eased a glut of crude. More news on: Canadian Natural Resources, Ltd., Suncor Energy Inc., Imperial Oil Ltd, Energy stocks news, Read ...
Canadian crude-by-rail loadings hit a record 356K bbl/day in the week ended Jan. 11, up from a daily average of 296K bbl/day last month, Bloomberg reports, even as heavy Western Canadian Select’s discount to the U.S. benchmark reaches a level that makes rail transport inefficient. ...
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The S&P/TSX Composite Index (INDEXTSI: OSPTX ) opened higher last Friday (March 5), at 18,056.74. The index was boosted by energy stocks, which were on the rise due to surging oil prices. On Friday, gold hit its lowest level in nine months , while silve...
The S&P/TSX Composite Index (INDEXTSI: OSPTX ) was trending up last Friday (February 5). The index was supported by the energy sector and the metals and mining industry, closing the week at 18,135.57 and increasing more than 4 percent since January 29. Last Frida...