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Commodity Markets
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Oil down 8% on gloomy U.S., global demand outlooks
Oil prices fell 7 percent on Tuesday as equity markets remained weak, forecasts called for record high U.S. crude stockpiles to grow more, and the latest global energy demand outlooks did not look strong enough to eliminate the swelling glut.
Posted on 2-09-2016 at 4:14 PM
TD warns the majority of Canadian oil production is bleeding cash
It’s a dire portrait of Canada’s energy landscape. TD Securities says up to 80 percent of oil output in this country can’t generate positive cash flow at current prices.
Posted on 2-09-2016 at 11:48 AM
Agrium full-year outlook falls short of forecasts
Agrium Inc., a Canadian fertilizer and farm products retailer, forecast lower-than-expected profit for 2016, blaming weak prices.
Posted on 2-09-2016 at 9:24 AM
Canadian energy companies sell assets to keep oil sands afloat
Faced with record low prices for heavy crude, Canadian energy companies are sacrificing other parts of their business to keep higher-cost oil sands production going and safeguard the billions already invested in these multi-decade projects.
Posted on 2-09-2016 at 9:06 AM

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Andrew Bell
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