With oil prices heading toward $100, that should be good news for consumers. But some think there won’t be true relief until crude hits $80 again.
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The government charged an oil trading firm Thursday with manipulating oil prices, the first indictment to come down since the regulators began a new investigation into wrongdoings in the energy markets.
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Stock investors looking for an end to the pain they’ve been experiencing all year hoped a break in oil prices Tuesday might provide the one glimmer of hope.
Oil had its biggest pullback in 17 years in dollar terms, according to the Associated Press, as concerns about the U.S. economy knocked the price of a barrel [...]

The Canadian dollar is making headway against the US dollar in currency trading this morning. FX trading with the loonie should consider that the currency has been strong all year, remaining very close to parity with the US dollar.