TSX heads for higher open following sharp losses; oil, gold prices rise
TORONTO – The Toronto stock market headed for a slightly higher open Monday as oil prices rose alongside the possibility that investors may be tempted to do some bargain hunting following sharp losses last week.
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Exxon, Shell profits bubble higher with oil prices
The world’s biggest oil companies, Exxon Mobil and Royal Dutch Shell (RDSa.L),
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Shell Q3 jumps on higher oil prices
Royal Dutch Shell Plc beat all analyst forecasts by reporting an 18 percent jump in third-quarter profits thanks to higher oil and gas prices, setting a trend for the sector.
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Shell Q3 profit rises 6.5 pct on higher oil price
Royal Dutch Shell PLC, Europe’s largest oil company, reported third quarter net profit rose 6.5 percent as increasing production and a rise in oil prices more than offset one-time charges at its refining arm and Canadian operations.
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Oil prices settle higher as stock markets rise
Oil prices on Monday bounced back above $83 a barrel, as stocks rose on encouraging earnings reports and the dollar weakened against the euro. Benchmark crude for November delivery rose $1.83 to settle at $83.08 a barrel on…
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Oil higher in Asian trade
Oil was higher in Asian trade Monday on expectations the US Federal Reserve would announce new measures to bolster the world’s largest economy, analysts said.
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Wednesday wrap: Higher oil prices, RIM boost TSX to highest close since September 2008
The Toronto stock market closed at its highest level in more than two years Wednesday as rising prices lifted commodity stocks and investors took a more charitable view of market heavyweight Research In Motion and its new product.
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Oil prices head higher on improved manufacturing
Oil prices sailed higher Wednesday as improvement in the manufacturing industry eased some fears about the strength of the global recovery. Benchmark oil for October delivery rose $1.99, or 2.8 percent, to close at $73.91 on the New York Mercantile Exchange.
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Oil prices fall despite improved consumer confidence, higher house prices
NEW YORK, N.Y. – Oil prices fell below US$74 a barrel Tuesday, extending losses from the previous session though the economic news was a little better.
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Higher sales, prices drive Oil Search profit higher
Oil Search has reported a half year profit sharply higher than the previous comparable period, driven by higher prices and increased sales.
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