Oil flirts with US$35 a barrel, U.S. index futures edge up, loonie dips

TORONTO -- Oil future contracts are hovering around US$35 a barrel early this morning.

A benchmark April crude contract was at US$35.13 shortly before the North American stock markets opened.

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Oil has been flirting with US$35 a barrel for the last few days but hasn't closed above that mark since late January.

The Canadian dollar was at 74.37 cents US, down 0.28 of a cent from Thursday's close.

The April gold contract rose $1.50 to US$1,259.70 an ounce and April copper contracts were at $2.24, up three cents.

The main U.S. stock index futures were slightly positive ahead of regular trading in Toronto and New York.



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