Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
# A0 n% p/ y/ dThu Sep 11, 3:33 PM
9 J2 m. g. F) _$ F6 |. YThe Canadian Press
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& M+ ^8 \$ U* i8 M. cCALGARY - 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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Vince 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.

! [& w! u7 t  I) X% r! ]And with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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3 D$ D4 w0 `# G" P/ f% HCrude 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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1 ]2 R  B6 h, C% FThat 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。