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Print Print edition: 2017-12-27

Futures slip as oil edges lower

Published December 27, 2017 Updated December 27, 2017 12:00am

Canadian stock futures were lower on Tuesday as oil slipped on concerns that the looming restart of a North Sea oil pipeline would offset support from Opec-led supply cuts. March futures on the S&P TSX index were down 0.07 percent at 7:15 am ET. The North Sea Forties pipeline, which plays an important role in the global oil market, is being tested following repairs and full flows should resume in early January, its operator Ineos said.
Canada's benchmark stock index slipped on Friday but notched its sharpest weekly gain in almost three months, as big banks and some miners pulled back. Dow Jones Industrial Average e-mini futures were down 0.10 percent at 7:15 am ET, while S&P 500 e-mini futures were down 0.03 percent and Nasdaq 100 e-mini futures were down 0.15 percent.

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