 鲜花( 0)  鸡蛋( 0)
|
Oilsands producers should be 'weary' of declining oil prices: analyst
% `+ d- Z* E# [# o- \Thu Sep 11, 3:33 PM0 z3 n: V9 ?! a# T; d# ?6 f1 o
The Canadian Press
& G Y/ J3 Y' E* X5 W5 D! J & P. |# J" q) C8 z
7 A& d6 t2 P" v; s, Q
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. 9 l/ e; Y- Z; k% N
/ d/ }2 l6 H8 Q5 PVince Lauerman of Geopolitics Central says a barrel of crude oil could fall as low as US$60 for some time if the slowdown in global economic growth ends up being worse than expected.
- A8 @' \. j* A5 T1 |' s$ _: N8 `: Q# e) t% [/ h
And with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
/ r2 ~2 z5 l7 m/ A# [( a* u) |" a+ t5 K2 F% {) Y
Crude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange. - A& M( p: X& @
( ] y* D2 G- I3 c2 d, }8 ]That marks a stunning descent from its record above $147 reached in mid-July. |
|