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Oilsands producers should be 'weary' of declining oil prices: analyst1 S$ F/ ]1 C `
Thu Sep 11, 3:33 PM3 O I' z% ?0 O8 K! y/ Q
The Canadian Press
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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. 3 Y* e1 W& n; z* O6 G5 } |( G- d
' q i: Q) ~( Y g3 JVince 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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And with that, Lauerman says, the higher cost producers in the oilsands should probably be somewhat weary.
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Crude oil was within reach of double digits Thursday, hovering around US$100 in afternoon trading on the New York Mercantile Exchange. ; h$ _0 R; C8 ]% ]% K7 W
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That marks a stunning descent from its record above $147 reached in mid-July. |
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发表于 2008-9-11 13:41
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