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Finance & Markets

IEA Cuts Oil Demand Forecast; Canadian Markets Eye Recovery

(RTTNews) - Canadian stocks may open with a positive bias on Friday amid slightly easing worries about inflation after oil prices declined sharply following International Energy Agency's downward revision in global oil demand forecast.

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Diesel prices top $6, setting new record

The average price of diesel in the U.S. hit a new record Friday, as the ongoing conflict with Iran and Ukrainian attacks on Russian oil refineries strain the global energy supply. The average cost of a gallon of diesel in the U.S. was up to around $6.05 on Friday morning, according to AAA. This marks...

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