India, Sept. 11 -- Canadian stocks may open with a positive bias on Friday amid slightly easing worries about inflation after oil prices declined sharply following International Energy Agency's downward revision in global oil demand forecast.
Also, investors may look for some bargain hunting after six successive days of losses. U.S. consumer price inflation data could make an impact on sentiment.
The IEA now expects world oil demand to drop by 2.5 million barrels per day this year, compared to its previous forecast of a 1.6 million bpd decline. The agency expects oil supply to decline by 5.7 million bpd this year.
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