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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Message: CLL good performance

CLL good performance

posted on Nov 06, 2008 11:32AM

CLL- best performer on my energy stocks watch list (20 stocks). Only 2% down.

TSX energy cap index is 6.6% down.

US crack spread was minus $4.66 (refinery selling gasoline below the cost).

NEW YORK, Nov 6 (Reuters) - U.S. crude futures ended at a
19-month low on Thursday as demand worries persisted amid a
slowing global economy.

The strength of the dollar against the Euro also pressured crude futures.

PRICES
* On the New York Mercantile Exchange, December crude
<CLZ8> settled down $4.53, or 6.94 percent, at $60.77 a barrel,
the lowest since settling at $59.61 on March 21, 2007.

* In London, December Brent <LCOZ8> ended down $4.44, or
7.18 percent, at $57.43 a barrel

* NYMEX December RBOB (gasoline)<RBZ8> settled down 8.84 cents, or 6.21 percent, at $1.3360 a barrel
RBOB (gasoline) crack spread <0#RB-CL=R> was
at minus $4.66.


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