Oil prices jumped on Monday after attacks on crude facilities in Saudi Arabia sliced the kingdom’s production in half and sparked worries over the impact of an oil shock on economic growth, halting a positive run in world stock markets as investors reached for less-risky assets.
| Increased demand for safe-haven U.S. debt pushed Treasury yields lower and the price of gold rallied nearly 1 per cent.
| The attack on Saudi Arabia shut down 5 per cent of global crude output. U.S. officials blamed Iran and President Donald Trump said Washington was “locked and loaded” to retaliate.
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Investment industry pushes politicians to stop charging GST/HST on mutual funds in RRSPs
