| Oil prices and equity markets post third consecutive day of gains |
| Oil prices and equity markets post third consecutive day of gains Today’s energy, currency and equity market action: Geopolitical tensions and rising stock markets give oil prices a boost. Brent gains 1.2%, while WTI and Cdn crudes rise about 1.5%. Gasoline and heating oil also move higher on Thursday. US dollar adds another 0.3%, as foreign currencies weaken. SPX energy gains 0.4%, while TSX energy rises 0.7%. Today’s notable energy news: US orders evacuation of non-essential staff from Iraqi embassy … … and bans air travel to/from Venezuela, as economy deteriorates. Cdn Senate votes down Bill C-48 crude tanker ban. Australia’s Santos buys chunk of ExxonMobil‘s stake in PNG gas field. Enerplus files for a $2B mixed shelf offering. |
