$52 a Barrel and Still Climbing

Oil prices shot above $52.51 a barrel on Wednesday morning as investors await U.S. reports on gasoline stocks for the summer driving season.

Health Canada Approves Cannabis MS Treatment

Health Canada has approved Sativex (Cannabis sativa L. extract) a new drug developed as adjunctive treatment for the symptomatic relief of neuropathic pain in adults with multiple sclerosis (MS).

Oil and Gas Inventories Tanked

With U.S. stockpiles declining and oil prices rising, prices at the pump seem to be in further trouble. Light sweet crude prices closed at $52.50 after dropping below $50 a share earlier in the week. Brent crude also closed higher, up 80 cents for the day.