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Energy in Toronto

Energy stocks were the big winners on the Toronto stock exchange Thursday, as commodity prices – especially natural gas prices – rose on supply concerns.


Canadian dollar tumbles 2/3 of a cent as traders worry Friday's jobs report will disappoint
The S&P/TSX Composite Index was up 33.46 points to 7993.34. The 3.1 per cent gain in the TSX energy index made it Toronto's best-performing sector. Golds were down 1.4 per cent as bullion prices faded.

Petro-Canada gained $2.88 to $58.84; Talisman Energy rose $1.77 to $70.02; EnCana gained $1.63 to $50.40. Oil futures gained as OPEC ministers signalled that production quotas may be cut at their next meeting in February.

Natural gas prices surged 58 cents US to $6.34 US after the U.S. Energy Department reported a larger-than-ex...

Posted by: Rheannon Androckitis

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