Yasin Ebrahim

1 week ago | ca.finance.yahoo.com | Yasin Ebrahim

Investing.com -- U.S. crude oil futures rose slightly from post-settlement levels Wednesday after the American Petroleum Institute reported an unexpected decline in weekly domestic crude stockpiles as the start of U.S. summer driving season is expected to provide a much needed boost to fuel demand. Crude Oil WTI Futures, the U.S. benchmark, recently traded at $61.88 a barrel following the report after settling down $0.95, or 1.6%, at $61.84 a barrel.

1 week ago | ca.finance.yahoo.com | Yasin Ebrahim

Investing.com -- OPEC has slid back into the driver’s seat of global oil markets after the oil cartel’s aggressive output hikes put the squeeze on U.S. shale growth. But with the market now bracing for oversupply through mid-2026, the cartel must now balance its appetite for market share without triggering a price rout that could backfire on its own members. “OPEC+ has shifted to market share over price support.

2 weeks ago | ca.finance.yahoo.com | Yasin Ebrahim

Investing.com -- U.S. crude oil futures slipped below post-settlement levels Tuesday after the American Petroleum Institute reported an unexpected increase in weekly domestic crude stockpiles. Crude Oil WTI Futures, the U.S. benchmark, recently traded at $62.26 a barrel following the report after settling down $0.13, or 0.2%, at $62.56 a barrel. U.S. crude inventories rose by about 2.5M barrels for the week ended May.

2 weeks ago | ca.finance.yahoo.com | Yasin Ebrahim

Investing.com -- The Bank of Canada’s rate-cutting spree is running into a wall of stubborn inflation, with Scotiabank (TSX:BNS) warning that rising price pressures leave the central bank with “no way” to justify more easing any time soon—if at all. “There is no way that the BoC should be cutting any time soon, if at all.

2 weeks ago | flipboard.com | Yasin Ebrahim

6 hours agoThe S&P/TSX Composite Index on Tuesday closed above 26,000 for the first time, marking its tenth straight day of gains, as valuations continue to expand despite trade uncertainties that threaten the economy. However, this resilience in the stock market may soon fade as the effects of tariffs take …