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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: Oil prices are heading for $25 a barrel

If 25 should be the case it's almost unbelievable that Opec wouldn't take big steps.

The most important case this time is to turn the crisis by giving people hope that there is a light at the tunnel.The more jobs get lost the worser it gets and the more spending will slow down.I think all governments and leaders are aware of that.

It's starnge to say but it's not good that people are thinking and having a wait attitude to buy thinking price could come more lower.People have still moneybut are very cautious to buy now.


If at the other hand it should come down to 25 .Can CLL stand that heat?

To me yesterday a strange close in the plus after a so bad unemployment figure.


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