|Day's Range||47.41 - 48.73|
Kazakhstan committed to cutting production by 20,000 bpd as part of the OPEC / NOPEC deal, sadly the country has been the least compliant of all participating nations
TORONTO (Reuters) - Canada's main stock index rose on Friday in a broad-based rally led by financial and industrial shares, while lower oil prices weighed on energy stocks. The Toronto Stock Exchange's S&P/TSX composite index closed up 68.99 points, or 0.42 percent, at 16,353.46. For the week, the index rose 0.3 percent. Some of the most influential movers on the index were the country's major banks. Royal Bank of Canada rose 0.8 percent to C$107.72, while Toronto-Dominion Bank added 0.4 percent to C$74.08. ...
Oil prices retreated somewhat this week, falling from 2.5-year highs as analysts grew more concerned about U.S. production growth
In 2017, Norway's oil yield rose for the fourth consecutive year. However, this is highly dependent on larger finds, as explorers continue to reduce spending.
Investing.com - Gold prices gained in Asia on Friday as a weaker dollar brought physical demand into the market.
By Bryan Sims Houston (Reuters) - Oil prices ended down on Friday and broke a four-week winning streak after a rally that had taken benchmarks to three-year highs, as investors sold positions on re-emerging U.S. production concerns. Brent crude futures fell 70 cents, or 1 percent, to settle at $68.61 a barrel after hitting a session low of $68.28. On a weekly basis, Brent settled 1.8 percent lower while WTI was down 1.5 percent.
The surge in oil prices has made it difficult for European Refineries to pay their crude bills as margins decline and demand softens for some of their products
Oil prices rebounded slightly on Thursday morning after the EIA reported yet another strong draw in crude oil inventories