Commodities

A last-minute deal to head off a trade war between the US and Canada has given investors a temporary reprieve, but Canadian leaders are warning about the high-stakes negotiations ahead.

Independent investment-banking firm Infor Financial Group Inc. hired longtime Calgary banker Greg Saksida as a principal at what it believes could be a turning point for Canada’s energy industry.

The first round of Chinese sanctions to hit U.S. oil were received with a whimper, and traders are speculating that the move is unlikely to rattle American exports.

Barrick Gold Corp. Chief Executive Officer Mark Bristow said the company is “making progress” in its dispute with Mali’s military regime, but the advances haven’t come as fast as expected.

European natural gas prices snapped a five-session rally after China hit back at US tariffs with its own levies on a range of commodities — including LNG — possibly leaving more fuel available for European buyers.

Coffee is headed for its longest winning streak since 1980, as the market grapples with persistent supply concerns in key growing regions.

The flow of seaborne oil fell sharply in January, led by a plunge in shipments from Mexico and Brazil.

China will impose tariffs on some products imported from the US including oil and liquefied natural gas.

A wide shadow of uncertainty has been cast over Canada’s forestry sector by U.S. President Donald Trump’s threat to impose a 25-per-cent tariff on its lumber products, a measure now delayed by a month.

Wall Street traders trying to catch up on every new headline around President Donald Trump’s tariff negotiations were faced with a renewed bout of volatility across asset classes.

Canadian money managers are gearing up for more turbulence in trading this week after an escalating trade war sparked Monday’s sharp selloff.

The cost to heat a home with oil this winter in the US Northeast would rise 8% if tariffs on Canadian energy products are enacted, an energy nonprofit estimates.

American drivers may see fuel prices jump by around 15 cents a gallon from Donald Trump’s move to impose tariffs on Canadian and Mexican supplies, according to one oil analyst.

One prominent energy investor says that reliance on Canadian energy in the U.S. provides Canada with leverage amid the current trade dispute between the two countries.

Automakers, beer brewers and nuclear power companies led declines in a broad equity pullback on Monday after the U.S. hit Mexico, Canada and China with sweeping tariffs, stoking worries that an all-out trade war could cripple growth and corporate profits.