Oilsands producers should be 'weary' of declining oil prices

fancycat

Oilsands producers should be 'weary' of declining oil prices: analyst
2 @& X- \7 Z6 x: UThu Sep 11, 3:33 PM
. D: v2 o: y) s* `The Canadian Press

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, F  W8 S, `, {- C; j- }) L7 BCALGARY - 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.

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.

8 @* _: @) D% o7 c- BAnd with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.

2 q8 {4 W' [0 e8 wCrude 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。