TSX Movers: Oil Producers, Pure Industrial REIT

The video discusses the recent surge in crude oil prices, which have risen 90% from a 12-year low, and the expected drop in US oil inventories. It also covers Pure Industrial REIT's increased unit offering due to strong demand, aiming to raise $130 million for debt repayment and projects. Lastly, Brookfield Renewable Partners plans to raise $800 million through unit issuance, with potential investments in hydroelectric generation.

What milestone did New York crude oil prices recently achieve?

• Increased by 50% since February

• Surpassed $60 a barrel

• Reached the highest close in 10 months

• Dropped to a 12-year low

What is the expected change in US oil supplies according to the latest data?

• Remain unchanged

• Double in volume

• Drop by three million barrels

• Increase by three million barrels

Why did Pure Industrial REIT increase its unit offering?

• To increase its debt

• Due to strong demand

• To decrease its market share

• Due to weak demand

What is one of the intended uses for the funds raised by Pure Industrial REIT?

• Increase employee salaries

• Expand into Europe

• Pay down debt

• Invest in new technology

What potential opportunities does Brookfield Renewable Partners have for its raised funds?

• Develop wind farms

• Invest in solar energy

• Expand into Asia

• Hydroelectric generation acquisitions