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The Canadian Crude Oil Index (CCI) serves as a benchmark for oil produced in Canada. [1] It allows investors to track the price, risk, and volatility of the Canadian commodity. [1] The CCI was launched by Auspice Capital Advisors in 2014. [2] The Index moved from a day end posting to live in January 2016. [1]
The S&P/TSX Composite Index is the benchmark Canadian stock market index representing roughly 70% of the total market capitalization on the Toronto Stock Exchange (TSX). ). Having replaced the TSE 300 Composite Index on May 1, 2002, [1] as of September 20, 2021 the S&P/TSX Composite Index comprises 237 of the 3,451 companies listed on the
Amid the ongoing geopolitical concerns, energy prices climbed, and West Texas intermediate crude oil prices rocketed further above $100 per barrel to top $112 and reach the highest level since 2011.
Stock market news live updates: Stocks crater, Dow hits 2022 low, and oil plunges as Fed and growth fears roil markets Alexandra Semenova Updated September 23, 2022 at 7:35 PM
In energy markets, crude oil futures were off more than 8% to trade below $96 a barrel as commodities remain under pressure amid investor fears of a global recession.
Wall Street’s main benchmarks advanced Tuesday alongside a sharp pullback in oil prices, which in recent weeks have surged on fears the war in Ukraine will will cut global economic growth.
In contrast, WCS is a heavy crude oil with an API gravity level of 20.5°." [6] The Canadian Crude Index (CCI) serves as a benchmark for oil produced in Canada. [7] It allows investors to track the price, risk and volatility of the Canadian commodity. [7]
In commodity markets, oil prices nudged 1% higher after settling at a fresh seven-month low on Wednesday. Alexandra Semenova is a reporter for Yahoo Finance. Follow her on Twitter @alexandraandnyc