Loonie tumbles

Prices range from .92 to $1.09 a litre as of 4:00 this morning.

Brantford/ Brant/ Hamilton: .93-$1.08

Burlington: .96-$1.08

Milton: .99-$1.08

Oakville, Mississauga: .97-$1.08

Kitchener-Waterloo:  .95-$1.08

Cambridge: .92-$1.09

Welland-Niagara Falls-Thorold-St. Catharines-Grimsby: .97-$1.03

Simcoe: .95

Dunnville: .97

Woodstock: .95

Tillsonburg/Ingersoll: .96

London: .88-.97

Benchmark U-S crude is down $1.65 cents this morning to $51.24 U-S a barrel in electronic trading on the New York Mercantile Exchange.

The January crude contract slipped 36 cents in trading yesterday to settle at $52.89.

The Canadian dollar is trading overseas this morning at 74.43 cents U-S, down 46 -100ths of a cent from yesterday’s average value of 74.89.

It’s the lowest the loonie has been in eighteen months.

The S&P/TSX composite index closed up 119.05 points to 15,182.64, making up for part of the 211-point drop it experienced Tuesday.

In New York, stock markets were closed to mark the death of former president George H.W. Bush.

Posted in News & Sports

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