Crude Oil Seasonal

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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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jurek

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Crude Oil Seasonal

posted on Feb 26, 2009 08:46PM

TSX Energy sector was strong today about 4% up. Very encouraging was that financial sector (banks) was 6% up. As we can all agree strength in financial sector is a necessary precondition for recovery in the economy.

We are approaching the strong period were Crude Oil usually make substantial seasonal gain. Hopefully it will happen this spring (March) as it usually does.

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