Oil Holds Biggest Gain in Five Weeks After US Stockpiles Decline

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Oil gained for a second day as the International Energy Agency warned of a supply deficit throughout the year and US crude stockpiles shrank.

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S&P/TSX composite posts gain as oil moves higher, U.S. markets mixedTORONTO — Strength in the energy sector helped lead Canada's main stock index higher on Wednesday, while U.S. stock markets were mixed. The S&P/TSX composite index closed up 139.09 points at 21,970.11, with the energy index rising 1.7 per cent.
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