TSX surges as oil rallies for second day
TORONTO - The Toronto stock exchange surged more than 200 points Monday, led with a strong run-up in energy stocks on hopes…
Browsing: oil
Consumer
Why oil is the better energy play
Natural gas prices have really struggled as of late, selling off a lot more than 40% since last November to a two-and-a-half-year…
Canadian dollar falls sharply after oil prices resume declines after string of gains
TORONTO - The Canadian dollar fell heavily Wednesday being an impressive string of gains in oil prices stalled amid indications of growing…
US Dollar
How oil price declines threaten U.S. banks
With oil prices deep in bear market territory, its impact on virtually every sector is a focus of recent earnings results. The…
Oil reverses earlier gains, dragged down by gold, silver
LONDON - Oil slipped below US$61 a barrel , dragged lower by weakness in certain other commodity markets, although threats to Middle…
Finance
How a 71-year-old statistic became the new go-to data for oil traders in a collapsing market
It was like clockwork.Every week since 1944, Baker Hughes Inc. would release its survey of how many rigs were out drilling for…
Marketing
TSX advances amid rising oil prices, lower than expected U.S. growth
TORONTO - The Toronto stock market pulled back slightly Friday amid soft U.S. economic data and despite rising resource and financial stocks.The…
Investors
What happens to oil prices when there’s no room left to store the stuff?
Oil prices continue to show indications of stabilizing, giving investors more confidence to boost their exposure to Canadian energy stocks. But?there\'s still…
Income
Oil price hasn’t hit bottom yet as surplus expands, Alan Greenspan says: ‘We are going to run out of room’
The price of crude oil hasn\'t reached a bottom yet as production keeps increasing, former Fed Chairman Alan Greenspan said.The slump in…
Income
Stuffing oil in the mattress: Why storing this much crude is bad news for oil prices
It\'s Personal Finance 101: Keeping cash in your mattress is fairly bad money-management. And yet a lot of folks do it. According…
Canadian economy to ‘weather oil-price storm,’ but expect very weak first quarter: TD
OTTAWA ? A snapshot of the global economy in 2015 could look an awful lot like last year\'s picture - but with…
Energy
Playing oil’s potential rebound
As a portfolio manager focused on the global resource market, RBC Global Asset Management’s Chris Beer is spending a lot of time…
Not just OPEC: How oil ETF investors hold sway over the crude market
NEW YORK - Tumult in Libya, U.S. rig counts, production plans from the oil exporting cartel along with a pact on nuclear…
Energy
Why current oil prices don’t tell the energy sector’s whole fortune
Investors in the Canadian energy sector have certainly felt the pain of plunging oil prices, because the S&P/TSX Energy Index is down…