Advertisement
Canada markets open in 9 hours 25 minutes
  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CAD/USD

    0.7303
    +0.0005 (+0.07%)
     
  • CRUDE OIL

    82.87
    +0.06 (+0.07%)
     
  • Bitcoin CAD

    88,043.76
    -3,218.84 (-3.53%)
     
  • CMC Crypto 200

    1,391.09
    -33.01 (-2.32%)
     
  • GOLD FUTURES

    2,325.00
    -13.40 (-0.57%)
     
  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     
  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     
  • NASDAQ futures

    17,460.25
    -204.25 (-1.16%)
     
  • VOLATILITY

    15.97
    +0.28 (+1.78%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • NIKKEI 225

    37,700.67
    -759.41 (-1.97%)
     
  • CAD/EUR

    0.6818
    -0.0001 (-0.01%)
     

What's the magic price of crude oil that will turn around the energy sector?

First quarter results from oil giants Exxon Mobil (XOM) and Chevron (CVX) disappointed. Exxon posted its smallest profit in over 15 years, while Chevron posted a much wider-than-expected loss. Oil prices are now up from Q1, so will things look better in Q2.