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December 6, 2023

Oil mixed as OPEC+ supply uncertainties blur outlook

Oil prices were mixed in early trade on Wednesday as markets sought direction amid uncertainties over OPEC+ supply cuts and a surprise build in US crude oil inventories that cast doubts on the country’s demand outlook.

International benchmark crude …

Canada’s trade surplus widens to $3B in October

Canada’s merchandise trade surplus increased to $3 billion in October, according to figures released Wednesday by the country’s statistical body.

The expectation was for the figure to come in at $1.6 billion, while the North American country’s trade…