Re: Re: Re: Saudis Talk $75 Oil; Market May Aim at $35
in response to
by
posted on
Dec 06, 2008 02:56AM
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
Short term who knows where oil is heading, longer term it will be higher, deals in oil firms make it look like the big players are expecting $70+ oil in midterm going forward. My guess is oil is oversold (opposite of 150 and overbought), I just hope it gets to mid ground to help CLL $ flow