A look at Tuesday morning’s market action
aimed at encouraging the mining of critical minerals in Canada, a credit that will be worth more than $3-billion over five years, The Globe reports.
The day range on Brent was US$77.70 to US$78.78. The range on West Texas Intermediate was US$72.64 to US$73.52. China’s crude oil imports are expected to rise 6.2 per cent in 2023 to 540 million tonnes, according to an annual forecast by a research unit of China National Petroleum Corp on Monday. On world markets, the U.S. dollar index - which gauges the currency against six peers - fell 0.19 per cent to 102.56, after a 0.26-per-cent drop on Monday, according to figures from Reuters.
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