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Oil prices up again at nearly $48 US a barrel on OPEC news

Oil prices are up sharply again Monday on news that the Organization of Petroleum Exporting Countries (OPEC) is finally willing to hold talks on cutting global oil supplies. 187 more words


TSX soars 330+ points, oil prices rebound to $41.20 US a barrel

Stock markets are picking up where they left off Wednesday, with major indexes in Toronto and New York posting triple-digit gains Thursday morning.

Investors have been buoyed by news that the U.S. 157 more words


Stock market correction appears over; equity indexes surging

North American stock market indexes are surging in afternoon trading Wednesday, as investors place bets that the recent stock market correction has run its course. 164 more words


Energy, materials stocks lead TSX gains; oil bounces off lows

Energy and materials stocks, which have been trounced so far this year, are enjoying a bit of respite Monday as oil, gold and copper prices bounce off their lows. 196 more words


Oil prices fall below $45 US a barrel; stock markets in the red

The misery continues for Alberta’s beleaguered oilpatch.

Oil prices are down again Thursday, with the near-month futures contract for benchmark grade U.S. light crude trading at just $44.68 US per barrel, down 47 cents on the day, as of about 3:28 pm EDT. 214 more words


TSX gains 100+ points despite another drop in oil prices

Toronto’s lead equity index is up about 107 points to 14,490 of about 1:44 pm EDT Friday, despite another slide in oil prices.

It’s the fourth straight day of gains for the S&P/TSX Composite Index, which briefly dipped below the 14,000 level Monday to culminate a seven-day losing string. 107 more words


TSX up for third day in row; energy stocks lead gainers

Toronto’s main equity index is ahead for a third straight day Thursday, as bargain hunters snap up beaten-down oil and gas stocks.

As of about 12:45 pm EDT, the S&P/TSX Composite Index is up about 66 points to 14,368, led by a gain of more than 2.8 per cent in the S&P/TSX Capped Energy Index. 153 more words