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: Re: Price Inflation
1
Aug 18, 2010 01:15PM

Aug 18, 2010 03:02PM

Aug 18, 2010 03:43PM

Aug 18, 2010 05:00PM

Aug 18, 2010 05:26PM

Aug 18, 2010 06:54PM

Aug 18, 2010 07:02PM

Aug 19, 2010 03:34AM

Aug 19, 2010 07:30AM

Aug 19, 2010 10:20AM

Aug 19, 2010 11:41AM

Hi Rebels

Well I don't see it clearly.

The tendency is € lower vs us $ but at the other side CAD $ moving stronger against the us $ but also against the €.

So for CLL as a Canadian company then aren't they better of regarding the debt which is in us $ .So a weaker us $ vs cad $ isn't that not much better ?If the own currency is the strongest then the buying power is better.Can't explain it better what I meant to say but you guys I think know what I mean.

But what will drive oil up besides the demand.Then the curencies come in play.So if it's true the € weakens against the us $ but on the other hand other currencies get stronger against the us $ what is the most important currency besides the us $ which can impact the oil price?I thought the most important traders are looking at is the us$ vs the € because after the US ,Europe is probably the second oil user are am I wrong on that.


Aug 19, 2010 12:10PM

Aug 19, 2010 12:57PM

Aug 20, 2010 01:58PM

Aug 20, 2010 03:59PM
Share
New Message
Please login to post a reply