Re: Re: Re: Saudis Talk $75 Oil; Market May Aim at $35

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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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Rex Feral

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Re: Re: Re: Saudis Talk $75 Oil; Market May Aim at $35

in response to

Re: Re: Saudis Talk $75 Oil; Market May Aim at $35

diggersam

posted on Dec 06, 2008 02:56AM

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

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