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CommodityOilPrice.com

Canada's Inflation Rises to 3.1% as Fuel Oil Prices Jump 58%

Gasoline and fuel oil pushed Canada's annual inflation rate to 3.1% in September, up from 3.0% in August, as the war in the Middle East kept fuel prices high, Statistics Canada said on Monday. Gasoline prices rose 27.8% from a year earlier, up from 22.8% in August, despite the switch to the cheaper winter blend. Fuel oil and other fuels rose 57.8%, up from 43.7%, with the heaviest burden in…

CommodityOilPrice.com

What’s Trump’s Thinking Behind The ‘Diesel Deal’ With Russia?

While it is very trendily woke to attack U.S. President Donald Trump whenever possible, the truth is rarely trendy or woke -- it is usually tough, pragmatic, and increasingly unpopular in today’s world. Precisely where his recent decision to import Russian diesel into the U.S. fits into this matrix remains to be seen, but there is a lot more to it than initially meets the eye. So, what is that…

ForexForexLive

Bank of Canada Q3 business outlook survey -0.33 vs -0.38 prior

BOS indicator -0.33 vs -0.38 in Q2 (revised from -0.39) Future sales balance of opinion +42 vs +15 in Q2 18% of firms report an outright decline in sales over the past 12 months vs 22% in Q2 6% of firms expect a recession in the next year vs 17% in Q2 41% of firms expect inflation above 3% over the next two years vs 44% in Q2 Consumers’ 5-year inflation expectations 3.91% vs 3.39% in Q2 53.0% of…

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