Crude oil prices fell to a 10-month low Monday morning before rebounding midday, adding to the volatility that has dogged Canada’s energy sector of late.

Benchmark West Texas Intermediate tumbled as much as $5 earlier in the day and was up in response to a Wall Street Journal report that Saudi Arabia and other OPEC+ countries could increase oil production by as much as 500,000 barrels traded at $75 per day at their December 4th meeting.

Such a move would be a reversal for…

Source link