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0 0 -1.97273677772715E-05 -1.97273677772715E-05 0.000177546309995864 0.000572093665542275 0.00313665147659346 0.00629303032096433
Stock impact report

Canada, U.S. markets fall amid inflationary fears, higher oil prices [Advisor.ca (Canada)]

Canadian Natural Resources Limited (CNQ) 
Last canadian natural resources limited earnings: 3/5 05:00 am Check Earnings Report
US:NYSE Investor Relations: cnrl.com/investor-information
Company Research Source: Advisor.ca
“Every day is the same day, almost like Groundhog Day. It's all about the price of oil. Oil prices go higher, the market goes lower,” said Allan Small, senior investment advisor at iA Private Wealth. Oil prices moved higher as Iran intensified its attacks on oil and gas facilities around the Persian Gulf in response to an Israeli attack on an important Iranian natural gas field. The attacks added to fears that fighting may knock out production of oil and gas in the Gulf for a long time, which would mean high prices could last a while and cause inflation to rip higher around the world. The May crude oil contract was up nine cents US at US$95.55 per barrel. Meanwhile, Brent crude, the international standard, briefly rose above US$119 per barrel in the morning before settling at US$108.65. “That's the risk … inflation will start to rise based on higher energy, oil prices (and) natural gas prices,” Small said. But if the conflict were to end in the coming days or weeks, Small sai Show less Read more
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