Oil prices are expected to rise today on speculation that reserves, particularly in the US, declined this month. The increase is expected to lift Canada’s main stock exchange – the TSX – in Toronto.
US futures however, point to a negative open with the Dow industrial futures down 19 points to 9,663, the Nasdaq futures slipped 2.5 points to 1,732 while the S&P 500 futures lost 2.7 points to 1,021.5.
Source: The Canadian Press