Advertisement
Canada markets close in 1 hour 12 minutes
  • S&P/TSX

    21,979.55
    +94.17 (+0.43%)
     
  • S&P 500

    5,105.73
    +57.31 (+1.14%)
     
  • DOW

    38,293.55
    +207.75 (+0.55%)
     
  • CAD/USD

    0.7319
    -0.0004 (-0.05%)
     
  • CRUDE OIL

    83.72
    +0.15 (+0.18%)
     
  • Bitcoin CAD

    87,484.29
    -615.20 (-0.70%)
     
  • CMC Crypto 200

    1,332.42
    -64.12 (-4.59%)
     
  • GOLD FUTURES

    2,352.00
    +9.50 (+0.41%)
     
  • RUSSELL 2000

    2,002.02
    +20.90 (+1.06%)
     
  • 10-Yr Bond

    4.6710
    -0.0350 (-0.74%)
     
  • NASDAQ

    15,924.83
    +313.07 (+2.01%)
     
  • VOLATILITY

    15.12
    -0.25 (-1.63%)
     
  • FTSE

    8,139.83
    +60.97 (+0.75%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6837
    +0.0016 (+0.23%)
     

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