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Stock impact report

TSX rides oil surge while global markets wobble on Iran conflict [Wealth Professional (Canada)]

Exxon Mobil Corporation (XOM) 
Last exxon mobil corporation earnings: 5/1 07:34 am Check Earnings Report
US:NYSE Investor Relations: ir.exxonmobil.com
Oil just had its biggest jump in four years while traffic through the Strait of Hormuz “quickly” turned into a “worst-case scenario for energy investors” — and one Canadian manager calls it a “massive, massive opportunity” for this country. Strength in energy helped Canada's main stock index close higher as US and Israeli attacks on Iran raised worries about crude supplies and pushed prices up, BNN Bloomberg reports. The S&P/TSX composite index gained 201.28 points to 34,541.27, while the April crude contract rose US$4.21 to US$71.23 per barrel. The Canadian dollar traded at 73.06 cents US, down from 73.30 cents US on Friday, and the April gold contract climbed US$63.70 to US$5,311.60 an ounce. Crude prices jumped more than 6 percent on fears war with Iran could “clog the global flow of crude and make inflation even worse,” AP News reports. The same report says benchmark US crude settled 6.3 percent higher at US$71.23, with Brent up 6.7 percent to US$77.74. BNN Bloomberg Show less Read more
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