Russia is facing a fuel shortage

The head of Russia's biggest oil company is warning that the world's second largest oil producing nation could soon face a fuel shortfall.

Canada November inflation still well below target

OTTAWA (Reuters) - Canadian inflation likely remained tame in November as gasoline prices fell and economic growth remained sluggish, keeping pressure off the Bank of Canada to resume raising interest rates.

Canadian retail sales disappoint in August

TORONTO (Reuters) - Canadian retail sales rose less than expected in August from July while volume fell, suggesting debt-laden consumers will provide only limited support to broader economic growth in the third quarter.

Oil price near $100 on global security concerns

NEW YORK (AP) — Oil prices rose above $100 a barrel Friday as worries over global security issues outweighed weak economic data in the U.S.