Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Crude oil prices were weaker Tuesday morning, continuing to back away from the three-year highs hit early Monday as investors reacted to the latest comments from United States President Donald Trump claiming the war in the Middle East […] Read more
Global Markets: Mideast war news keeps markets on edge
Global Markets: Crude oil climbs as Mideast conflict escalates
Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. The escalating conflict in the Middle East sent crude oil values climbing higher, while the resulting threat of inflation weighed heavily on world equities. Agricultural futures were mostly higher. Iran named Mojtaba Khamenei as its new Supreme Leader, […] Read more
Global Markets: Gulf oil, gas production poised to shut down
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. All oil and gas production in the Middle East’s gulf region could come to a complete stop in the coming days, Qatar’s energy minister, Saad al-Kaabi, warned on Friday. Kaabi pointed to the […] Read more
Global Markets: Day Six of Middle East war
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Thursday marked the sixth day of the Middle East war, highlighted by Iran and Israel exchanging attacks. An Iranian ayatollah on state TV called for the “shedding” of blood of United States President […] Read more
Global Markets: The latest on the Middle East war
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. United States President Donald Trump announced on Tuesday that the U.S. Navy will now escort oil tankers through the Strait of Hormuz and the U.S. will provide war insurance. Traffic through the narrow […] Read more
Global Markets: Exchanging attacks continues in Middle East
Canada fielding energy inquiries
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. In the latest military strikes in the Middle East on Tuesday, Iranian drones hit the United States Embassy in Riyadh as well as several U.S. military bases in the Gulf region. Also, U.S. […] Read more
Global Markets: Oil jumps with new Middle East conflict
Carney says Canada supports U.S. strikes
By Glen Hallick Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Crude oil prices rose sharply higher on Monday morning following the United States and Israeli strikes on Iran over the weekend. U.S. attacks on Saturday killed Iranian Supreme Leader Ali Khamenei and several […] Read more
Global Markets: China to suspend some tariffs on Canadian goods
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – China confirmed on Friday it will suspend some tariffs on Canadian agricultural products beginning March 1. China will suspend 100 per cent surcharges on Canadian canola meal and pea imports, as well as 25 per cent […] Read more
Global Markets: U.S., Iran meet for peace talks
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – The United States and Iran will hold indirect peace talks in Geneva on Thursday to reach a deal over Iran’s nuclear program and avoid a potential war. The U.S. wants restraints on Iran’s nuclear program as […] Read more
Global Markets: Trump delivers State of the Union address
Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump delivered a lengthy State of the Union address to Congress on Tuesday evening. Trump highlighted what he considered to be his domestic accomplishments over the past year and announced plans for […] Read more