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  • Health care, energy companies power US stock market higher November 16, 2018
    Wall Street capped a day of volatile trading with a late-afternoon buying spree that sent U.S. stock indexes to a mostly higher finish Friday. Despite the 11th-hour rally, the benchmark S&P 500 index ended with its second weekly loss in four weeks. Ga... The post Health care, energy companies power US stock market higher appeared […]
  • Canadian Crude Rallies as U.S. Demand and Rail Shipments Rise November 16, 2018
    Nov 16, 2018 by Robert Tuttle (Bloomberg)  Canadian heavy crude prices rallied Friday as U.S. refinery demand rises and increased volumes are shipped by rail car. Heavy Western Canadian Select’s discount to West Texas Intermediate futures narrowed to $39.25 a barrel, the smallest since late September, data compiled by Bloomberg show. The absolute price increased […]
  • Canada Weekly Rig Count Up 1 for Week Ending November 16, 2018 November 16, 2018
    Canada’s drilling rig count increased by 1 actively drilling rigs according to data collected by Baker Hughes for the week of November 16th. From one week ago, Alberta rig counts increased 1 to 137 and the Saskatchewan rig counts increased 2 to 39. Oil drilling increased 1 to 118 and gas drilling stayed the same […]

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