Advertisement
Canada markets open in 8 hours 21 minutes
  • S&P/TSX

    22,011.72
    +139.76 (+0.64%)
     
  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     
  • DOW

    38,503.69
    +263.71 (+0.69%)
     
  • CAD/USD

    0.7317
    -0.0003 (-0.04%)
     
  • CRUDE OIL

    83.44
    +0.08 (+0.10%)
     
  • Bitcoin CAD

    91,509.16
    +837.48 (+0.92%)
     
  • CMC Crypto 200

    1,443.20
    +28.44 (+2.01%)
     
  • GOLD FUTURES

    2,339.80
    -2.30 (-0.10%)
     
  • RUSSELL 2000

    2,002.64
    +35.17 (+1.79%)
     
  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     
  • NASDAQ futures

    17,728.25
    +121.50 (+0.69%)
     
  • VOLATILITY

    15.69
    -1.25 (-7.38%)
     
  • FTSE

    8,044.81
    +20.94 (+0.26%)
     
  • NIKKEI 225

    38,408.24
    +856.08 (+2.28%)
     
  • CAD/EUR

    0.6834
    -0.0002 (-0.03%)
     

Could There Be Dark Clouds Ahead for Oil?

Could There Be Dark Clouds Ahead for Oil?

Yesterday, US crude oil September futures rose 0.7% and settled at $68.24 per barrel. Meanwhile, oil-weighted stocks Pioneer Natural Resources (PXD), Apache (APA), Denbury Resources (DNR), and California Resources (CRC), which benefit from higher oil prices, rose 0.4%, 0.2%, 0.5%, and 0.3%, respectively.