Crude Oil: December Contract and Oil-Sensitive Loonie

crude oil: The oil-sensitive loonie lost 0.34 of a U.S. cent to 74.70 cents US. Meanwhile, the Toronto Stock Exchange S&P/TSX composite index fell 16.03 points to 14,923.01, according to The Toronto Star. That as the December contract for crude oil shed 33 cents at US$50.52 a barrel. By The Canadian Press Mon., Oct. 24, 2016 Iraq desire to be exempted from an OPEC production cut caused oil prices to dip, pushing the Toronto stock market and the loonie to a lower close. South of the border, the Dow Jones industrial average gained 77.32 points at 18,223.03, the Nasdaq composite added 52.43 points at 5,309.83, and the S&P 500 nudged up 10.17 points to 2,151.33. Read more about:Tsx The Morning Headlines Newsletter Delivered daily to your inbox. Article Continued Below December gold contracts were fetching US$1,263.70 an ounce at the close, down $4.00, while the November natural gas contract lost 16 cents to US$2.83 per mmBTU, and December copper was unchanged at US$2.09 a pound. (news.financializer.com). As reported in the news.