Advertisement
Canada markets open in 3 hours 33 minutes
  • S&P/TSX

    22,259.16
    -31.46 (-0.14%)
     
  • S&P 500

    5,187.67
    -0.03 (-0.00%)
     
  • DOW

    39,056.39
    +172.13 (+0.44%)
     
  • CAD/USD

    0.7283
    -0.0005 (-0.07%)
     
  • CRUDE OIL

    79.49
    +0.50 (+0.63%)
     
  • Bitcoin CAD

    83,949.98
    -1,534.21 (-1.79%)
     
  • CMC Crypto 200

    1,317.58
    +17.48 (+1.35%)
     
  • GOLD FUTURES

    2,314.50
    -7.80 (-0.34%)
     
  • RUSSELL 2000

    2,055.14
    -9.51 (-0.46%)
     
  • 10-Yr Bond

    4.4920
    +0.0290 (+0.65%)
     
  • NASDAQ futures

    18,124.75
    -61.75 (-0.34%)
     
  • VOLATILITY

    13.27
    +0.27 (+2.08%)
     
  • FTSE

    8,356.24
    +2.19 (+0.03%)
     
  • NIKKEI 225

    38,073.98
    -128.39 (-0.34%)
     
  • CAD/EUR

    0.6784
    +0.0008 (+0.12%)
     

Seven things now more expensive than a barrel of oil

Despite modest gains last week, the benchmark West Texas Intermediate oil price tumbled 7.5 per cent to US$29.76 a barrel before rebounding slightly to $30.68 mid-day on Tuesday. A major catalyst in the staggering lows is Iraq’s announcement of record-high oil production with intentions to feed that into an already over-supplied market.

Click through to find out what is now more expensive than a record-low barrel of oil. --Andrew Seale