Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
Thu Sep 11, 3:33 PM
The Canadian Press

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! C7 t5 j2 r( o1 A' [* Q3 t0 h$ i2 [CALGARY - Producers in Alberta's oilsands have reason to be nervous if the price of crude oil continues on its downward path, an energy analyst says.
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3 Z" t7 K% R1 ^6 P; `9 ZVince Lauerman of Geopolitics Central says a barrel of crude oil could fall as low as US$60 for some time if the slowdown in global economic growth ends up being worse than expected.
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# F1 Z1 F9 V( r1 C" D7 MAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

/ ?% l0 T: m! O/ h* a" j" }7 }+ kCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.
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That marks a stunning descent from its record above $147 reached in mid-July.

林柯

Some body will worry it more than me.

songca2001

去Albert的人要大量回流了。