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Oil prices rise, then fall on global tension

01.05.2009 | 10:01:58 am | Posted by CBC | Money News

Oil prices rose and then fell in morning trading Monday as analysts shifted views on which global hot spot would affect commodity markets more in the coming months.... [more]

 


Oil price reverses course in trading, ends Monday up $2.47 US

01.05.2009 | 10:01:58 am | Posted by CBC | Money News

Oil prices ended a turbulent Monday up almost $2.50 US as increased confidence regarding the possibility of more U.S. financial aid added to growing unease about the prospects for a number of oil-producing nations.... [more]

 


Oil trades lower despite plans for big OPEC output cut

12.17.2008 | 08:12:55 am | Posted by CBC | Money News

Oil prices slipped lower on Wednesday even though OPEC ministers were set to approve a two-million barrels a day cut at a meeting in Algeria.... [more]

 


Toronto, U.S. stock markets advance

12.10.2008 | 13:12:56 pm | Posted by CBC | Money News

Stock markets in Toronto and New York moved higher Wednesday as oil prices edged up and Democratic leaders finalized a deal with the Bush administration for a $15-billion US aid package for the auto industry.... [more]

 


Flush with cash despite oil freefall, N.L. reports

12.09.2008 | 12:12:53 pm | Posted by CBC | Money News

Despite a slump in world oil prices, the Newfoundland and Labrador government said Tuesday it expects to finish the fiscal year with more than $1 billion in its pocket.... [more]

 


TSX sinks as oil prices drop below $44 US

12.04.2008 | 17:12:34 pm | Posted by CBC | Money News

Stock markets in Toronto and New York moved sharply lower Thursday, after spending most of the day dipping into negative territory as crude oil prices hit their lowest level in four years and the energy sector retreated.... [more]

 


Oil up, stockpiles and OPEC credibility down

12.03.2008 | 12:12:16 pm | Posted by CBC | Money News

Oil prices edged up marginally on Wednesday after U.S. stockpiles showed a surprising decline in November and Qatar's oil minister hinted that new OPEC production cuts were imminent.... [more]

 


TSX tumbles below 8,000

11.20.2008 | 11:11:41 am | Posted by CBC | Money News

A double-barrelled shot of tumbling oil prices and more bad news from one of Canada's big banks pushed the S&P/TSX composite index under 8,000 points for the first time in over five years.... [more]

 


TSX dips under 8,000

11.20.2008 | 10:11:17 am | Posted by CBC | Money News

A double-barrelled shot of tumbling oil prices and more bad news from one of Canada's big banks pushed the S&P/TSX composite index down under 8,000 points for the first time in almost five years.... [more]

 


Oil falls below $53 a barrel

11.20.2008 | 05:11:09 am | Posted by CBC | Money News

Oil prices fell below $53 to almost a two-year low Thursday in Asia as investors, egged on by plummeting stock markets, priced in lower crude demand from a global economic downturn that's shaping up as the worst in decades.... [more]

 


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