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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (80200)3/20/2020 7:53:48 AM
From: Goose94Read Replies (1) of 203382
 
Crude Oil: is rallying again this morning after yesterday’s record single-day move that saw West Texas Intermediate gain as much as 36 per cent. Perspective is everything, however, and so we need to point out WTI is still down 55 per cent year-to-date. The story in Canada’s energy heartland is even more dire, with Western Canada Select down 67 per cent this year even after yesterday’s 39.8 per cent spike. And on that front, The Globe and Mail is reporting a bailout package for the oil and gas sector could be announced by the federal government as early as next week to the tune of $15 billion in various forms of support. BNN.ca
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