• Oil prices fell sharply at press time, with Brent Crude, the global benchmark, falling as much as 5% before paring losses to trade 2.3% lower at $37.07 a barrel. West Texas Intermediate, the U.S. benchmark, was down 2.7% at $34.82 a barrel.
• Mirror, Alberta, Canada, will soon have a new dry bulk storage facility for frac sand built just west of their community. The Taves Management Dry Bulk Facility received a third and final reading at a recent Lacombe County’s council meeting to amend its Land Use Bylaw to rezone just over 60 hectares on the Pt. SE 29-40-22 W4M from Agricultural “A” District to Business Industrial “I-IB” District.
• Canadian National Railway Co. said that during the third quarter, it experienced a rapid bounce back or V-shaped recovery in ports, lumber and automotive while there was weakness in crude, frac sand and refined petroleum products.