Friday, December 02, 2016

Caution Still The Word Of The Day With Crude Market

Does OPEC deal make this the right time to buy energy stocks, or are oil gains a head fake?

CALGARY - With energy stocks surging following the announcement of an OPEC production cut on Wednesday, investors are once again asking whether it's time to buy. Following the broad-based deal in Vienna to cut as much as 1.8 million barrels per day between OPEC and non-OPEC members, benchmark crude prices surged nearly 10 per cent Wednesday.…