20:52:26 EDT Thu 03 Apr 2025
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save

Energy Summary for March 7, 2025

2025-03-07 19:13 ET - Market Summary

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

by Stockwatch Business Reporter

West Texas Intermediate crude for April delivery added 68 cents to $67.04 on the New York Merc, while Brent for May added 90 cents to $70.26 (all figures in this para U.S.). Western Canadian Select traded at a discount of $13.00 to WTI, down from a discount of $12.40. Natural gas for April lost 15 cents to $4.30. The TSX energy index added 5.77 points to close at 251.39.

Oil prices headed higher today, but could not forestall yet another weekly loss: the seventh in a row for WTI, while Brent has been down for six out of seven weeks (having eked out a small gain in one of them). Today's jump in oil prices did, at least, give Canadian energy stocks a pleasing end to a turbulent week. Noteworthy gainers today included Imperial Oil Ltd. (IMO), up $5.42 to $98,75, Suncor Energy Inc. (SU), up $1.65 to $51.39 (ending a short but unhappy stint below $50), and International Petroleum Corp. (IPCO), up $1.09 to $19.92.

The remainder is available to Stockwatch subscribers.
Sign-up for a FREE 30-day Stockwatch subscription and SEE NO ADS

© 2025 Canjex Publishing Ltd. All rights reserved.


Reader Comments - Comments are open to paying subscribers of Stockwatch and unmoderated, although libelous remarks, obscene language and impersonations may be deleted. Opinions expressed do not necessarily reflect the views of Stockwatch.
For information regarding Canadian libel law, please view the University of Ottawa's FAQ regarding Defamation and SLAPPs.