Signs that crude supply is declining helped lift the July crude contract up by 94 cents at US$49.56 a barrel. The last time the TSX closed above the 14,000 mark was on Aug. 19, 2015. The U.S. Energy Information Administration said crude stockpiles fell by 4.2 million barrels last week, which surprised analysts who were expecting a smaller drop. The last time it closed above the 14,000 mark was on Aug. 19, 2015. The S&P/TSX composite index in Toronto racked up 100.89 points to settle at 14,053.74.

Source: thestar May 25, 2016 15:49 UTC