A summary of the markets on Boxing Day

Canada rings in Boxing day as the strongest currency.  EUR is the weakestThe Canadian dollar is the strongest currency as Canada takes the day in celebration of Boxing Day. The loonie has been supported by a Libya pipeline blast that pushed up the price of crude oil by 2.39% on the day.  The weakest currency […]

Crude oil spikes on news of Libya pipline blast

Crude oil price up by about $1.00. Brent crude up also spikesThe price of crude oil has spiked higher on the back of a Reuters report that Libya has lost around 90,000 bpd from a blast on a pipeline feeding  Es Sider port.  NOC was still assessing the damage (according to sources).  A Libyan military source […]