Ottawa&#39;s Petro-Canada stock priced at $64.50
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CALGARY - The sale price of the federal government&#39;s final 19 per cent stake in Petro-Canada has been set at $64.50 per share, about $3 higher than indicated in a preliminary prospectus last week.
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TORONTO (CP) - The Toronto stock market was higher Monday morning as energy stocks benefited from the world crude oil price&#39;s move above $46 US a barrel.
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CALGARY (CP) - TransCanada Corp., one of Canada&#39;s biggest pipeline and power generation companies, has struck a deal worth $641 million to buy 41 hydroelectric generating stations from insolvent American power producer USGen New England Inc.
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Oil edged up above $64 a barrel on   Wednesday as traders cautiously await the debate among members   of the U.N. nuclear watchdog over Iran's atomic work, and on   renewed concerns over disruptions to Nigerian supplies.
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SINGAPORE - The price of crude oil surged past an unprecedented $55 per barrel Monday amid continued uncertainty over production, high demand and tight supply globally.    The price of crude for November delivery on the New York Mercantile Exchange reached $55.02 per barrel mid-morning in Asia, up 9 cents from its settlement price on Friday...
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Crude oil prices neared 49 dollars per barrel Friday as Gulf of Mexico crude production rebounded at a slower pace than analysts had expected.
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Oil stayed well above $64 a barrel on   Thursday as the stand-off over Iran's nuclear program and   concerns over Nigerian supplies due to an oil workers' strike   supported the market.
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Oil steadied above $64 on Thursday as   bargain hunters stepped in after a month-long rout and found   some support in a renewed U.S. push for immediate sanctions on   Iran, the world's fourth biggest crude exporter.
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Enbridge Inc. ENB.TO will buy Shell's  Gulf of Mexico natural gas pipelines for $613 million in a move  that will make it a major transporter in the huge gas-producing  area, Canada's No. 2 pipeline company said on Wednesday.
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Crude oil prices pushed above $49 a barrel on Monday, reflecting concerns about supply in key producers and Hurricane Ivan&#39;s impact on oil rigs in the Gulf of Mexico.
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VIENNA: OPEC is keeping its foot to the pedal on oil production in a bid to push crude prices back below $40 a barrel. Risking a counter-seasonal fourth quarter build in world crude stocks, Saudi Arabia will
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TORONTO (CP) - With the price of crude oil continuing its summertime climb to hit a record high of &#36;50 US per barrel this week, Canadian consumers are feeling the pinch at the gas pumps and gearing up for a winter of high heating oil costs.
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Consumer prices show a tame 0.2% rise in November. Oil approaches $45 per barrel. OSI Pharmaceuticals jumps more than 40%. The market looks to start the day mixed as investors weighed another gain in oil prices against a moderate rise in consumer prices.
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The federal government closed its window on the oil industry Thursday, saying that it is selling its last 19 per cent stake in Calgary-based Petro-Canada.
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Oracle lifted its purchase offer for PeopleSoft to $24 per share from a previous bid of $21. &quot;This price represents a significant premium to recent trading prices, and is in excess of the 52
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Crude oil prices pushed past the psychologically important 50 dollars per barrel mark today to an all-time high of 50.01 dollars as the market stayed bullish on a slow post-Hurricane Ivan recovery in the Gulf of Mexico.
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US crude climbed 40 cents to $43.50 a barrel, around $6 below a record peak struck last Friday at $49.40. London&#39;s Brent crude gained 42 cents to $40.