CANADA STOCKS-Energy drop leads TSX into red

April 16, 2015 8:49 PM

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TORONTO, April 16 (Reuters) - Canada's main stock index fell on Thursday as energy bears won a scuffle in the ongoing battle against bulls who expect a recovery in crude oil prices to limit long-term damage to the country's major oil and gas industry.

A day earlier the index hit a seven-month high, helped by a surge in the price of oil, but investors failed to muster much enthusiasm for a fresh 2015 crude price peak hit after militants took control of a Yemeni oil terminal.

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