 鲜花( 0)  鸡蛋( 0)
|
Oilsands producers should be 'weary' of declining oil prices: analyst
) o' \. d6 ~1 d7 t+ M! z/ oThu Sep 11, 3:33 PM/ S n" n; Y& j6 e4 I' ~
The Canadian Press
% ^5 j0 |3 K: F W- z
, o8 z. g9 }% m3 T# `; B/ [5 R% y0 u9 x
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. / ^/ t z. i8 o& t9 H
3 S i# X; U5 r7 T% bVince Lauerman of Geopolitics Central says a barrel of crude oil could fall as low as US$60 for some time if the slowdown in global economic growth ends up being worse than expected.
_ P2 t+ {; c$ A6 \; U+ [$ Z% |4 n
And with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary. 1 p! t `$ j0 l* w7 S& P) V
' ^2 ^: ?( d" \# b! oCrude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange.
9 `) v7 L4 `4 J u5 S% z% T7 Q1 F) w; @3 _! f8 h
That marks a stunning descent from its record above $147 reached in mid-July. |
|