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by Stockwatch Business Reporter

West Texas Intermediate crude for December delivery added 32 cents to $59.75 on the New York Merc, while Brent for January added 25 cents to $63.63 (all figures in this para U.S.). Despite eking out a gain today, both benchmarks notched their second weekly loss in a row. Western Canadian Select traded at a discount of $12.00 to WTI, down from a discount of $11.40. Natural gas for December lost four cents to $4.31. The TSX energy index added 1.23 points to close at 292.31.

Western Canadian gas producers let out cheers (and sighs of relief) as the Kitimat-based LNG Canada export terminal brought its second train into operation. (A train is the industry term for an LNG -- liquefied natural gas -- processing unit.) The Shell-backed terminal, which is the first major LNG export facility in Canada, achieved start-up at its first train in June, but faced technical problems that delayed its second train, forcing it to run at half capacity. The company has now confirmed on its website that both trains are operational.

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