Oil rises after Powell's remarks and signs of tightening supply - BNN Bloomberg

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Oil extended its biggest gain in three months on optimism the U.S. Federal Reserve will maintain its path on interest-rate hikes without shifting to a more hawkish policy.

TSX recap: Index finishes higher amid gains in energy stocksThe Daily Chase: Cineplex reports Q4 profit; Canadians say they need $1.7M for retirementBank of Canada's first summary of deliberations comes this week. Here's what to expectThe Daily Chase: Markets point to negative open; Newmont looks to buy Newcrest for US$17BFreeland touts opportunities of U.S.

Inflation Reduction Act at ministers' meetingThe Daily Chase: Toronto home sales drop; tech stocks under pressure​Majority of Canadians determined to own a home despite affordability challenges: SurveyFood prices set to increase — again — as blackout on price hikes ends at some storesThe Daily Chase: Awaiting U.S.

 

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