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by Stockwatch Business Reporter

West Texas Intermediate crude for June delivery lost 97 cents to $62.05 on the New York Merc, while Brent for June lost $1.01 to $65.86 (all figures in this para U.S.). Western Canadian Select traded at a discount of $11.40 to WTI, up from a discount of $12.60. Natural gas for May added 23 cents to $3.17. The TSX energy index added 1.01 points to close at 246.53.

Oil prices started the week with a stumble, tripped up by trade tensions between the United States and China, as well as concerns about imminent OPEC+ production increases. Here in Canada, polling stations are open across the country as Canadians cast their ballots for the country's next Prime Minister. Public opinion polls continue to show a tight race between Mark Carney's Liberal Party (which was in power for the last 10 years under former leader Justin Trudeau) and Pierre Poilievre's Conservative Party (which was the clear favourite to win until Mr. Trudeau resigned, with Mr. Carney winning the leadership election on March 14 and launching a snap federal election).

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