After remaining tied for most of the second quarter, oil prices have mounted a significant rally, with first-month Brent gaining over 10% since the beginning of the month to trade at $ 83.30 a barrel. This marks the first time the contract has settled above the main 200-day moving average in nearly a full year. … Read more
Saudi Arabia’s economy is set to slow sharply this year from last year’s growth of 8.7% due to oil production cuts that the world’s top crude exporter is implementing in a bid to “stabilize the market.” The kingdom saw its economic growth forecast for 2023 cut by the largest economies in Updating The World’s Economic … Read more
Health Canada says a medical clinic in Calgary that soon plans to charge its patients a fee to gain faster access to a family doctor would violate medicare laws. The federal agency says Alberta risks losing federal health transfer payments if it doesn’t do something about it, but Prime Minister Danielle Smith says if rules … Read more