Global markets

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 9 – The following is a glance at the news moving markets globally. – Canada produced 19.2 million cubic metres (121.0 million barrels) of crude oil and equivalent products in September, up 11.6 per cent compared with the same month in 2015, Statistics Canada said in a report […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 8 – The following is a glance at the news moving markets globally. – US jobless claims dropped from the five-month-high they were at, according to reports out of the country on Thursday. Jobless claims in the week ending December 3 declined 10,000 to a seasonally adjusted 258,000, […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 6 – The following is a glance at the news moving markets globally. – Canada’s imports fell 6.3 per cent to C$44.7 billion in October, following a record high in September related to an exceptionally large shipment destined for the Hebron offshore oil project. Import volumes decreased 6.2 […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 5 – The following is a glance at the news moving markets globally. – Crude oil futures advanced in early activity on Monday, moving above US$50 a barrel. The market has been propped up in recent sessions by a deal inked by OPEC (Organization of the Petroleum Exporting […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 2 – The following is a glance at the news moving markets globally. – OPEC has scheduled a meeting with non-OPEC members to put the finishing touches on a deal to limit the global supply of crude oil. Earlier this week OPEC agreed to slash output by 1.2 […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, December 1 – The following is a glance at the news moving markets globally. – US jobless claims in the week ending November 26 gained 17,000 to a seasonally adjusted 268,000, according to reports out of the country on Thursday. That level is the highest seen since June, but […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, November 30 – The following is a glance at the news moving markets globally. – Real gross domestic product (GDP) grew 0.9 per cent in the third quarter, following a 0.3 per cent decline in the second quarter. Exports of energy products, rebounding from a second quarter decline, boosted […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, November 29 – The following is a glance at the news moving markets globally. – Canada’s current account deficit (on a seasonally adjusted basis) narrowed C$0.7 billion in the third quarter to C$18.3 billion, following three straight quarterly increases, Statistics Canada said in a report on Tuesday. In the […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, November 28 – The following is a glance at the news moving markets globally. – The Organization for Economic Co-operation and Development (OECD) expects global growth to pick up in 2017, but left its outlook for the Canadian economy unchanged. The OECD expects global growth to increase to an […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, MB, November 25, 2016 (CNS Canada) – The following is a glance at the news moving markets globally. – Crude oil futures declined in early activity, with ideas that OPEC (Organization of the Petroleum Exporting Countries) producers will not be able to agree on a production cap at their […] Read more