Canada Stocks Rise as Oil Rebounds on U.S. Stockpiles Decline

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  • Oil producers at Vienna fail to agree on output ceiling
  • Concordia tumbles after report Blackstone not doing deal

OPEC Fails to Agree on Oil Output Ceiling

Canadian stocks rose, with the S&P/TSX Composite Index reaching the highest level since August, as oil prices rebounded after a decline in U.S. crude supply offset OPEC producers failing to agree on a new output ceiling.

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