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Fuel Marketer Intelligence: Supply Chain Dynamics to Retail Fuel Prices
Gasoline futures swung to a five-month low of $1.2760 gallon in ending July business before paring the decline on technical-driven short covering ahead of the August contract expiration, with the low plumbed during peak seasonal driving demand in the United States amid a market awash in supply. 889 more words
TORONTO – The price of oil has settled above US$50 a barrel for the first time in nearly a year.
TORONTO – A big bounce in energy prices and strength in metals sent the Canadian dollar soaring to its highest level since last summer.
The loonie gained 0.85 of a U.S. 119 more words