Canadian Dollar: West Texas and Cents u.s

canadian dollar: West Texas Intermediate was down 26 per cent from its peak in early October, according to The Toronto Star. The Canadian dollar traded higher at 76.10 cents U.S. compared with an average of 75.75 cents on Thursday. The January crude contract was unchanged at US 56.68 per barrel Friday but was down almost six per cent for the week as it ended an unprecedented 12-day run of falling prices. Paul Chiasson / THE CANADIAN PRESS The December natural gas contract was up 23.4 cents at US 4.27 per mmBTU. While some small energies company moved up, the energy sector on the TSX was down half a per cent on the day as bigger names weakened with the West Canadian Select closing marginally higher from its low. Article Continued Below Low Canadian oil prices will force producers to cut production next year which will have a significant economic impact, he added. So I think it's just a question of investors wrapping their head around Canadian energy given the particular challenges that we're facing with take-away capacity being so constrained, said Patrick Blais, senior portfolio manager at Manulife Asset Management. (news.financializer.com). As reported in the news.

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