Welcome to the Connacher Oil and Gas Hub on AGORACOM

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

Free
Message: Dollar/Oil correllation

After dipping to below 84 today oil is up again.Probably we go to 90 before we stop .

s

so IMO if oil goes indeed towards 90 then bourses could move some higher but I'm wondering how long this gonna last.

Also CLL has some trouble to go further up .If for some reason something will shake the markets profit taking could go very rapidly .So let's see what the outcome will be.

It looks investors are forgotten about what happened 2 years ago are the uptrend is artificial.

Share
New Message
Please login to post a reply