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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: Re: Good analyse /price of bitumen dropped to $52/bbl

Feb 02, 2012 09:52AM

Feb 02, 2012 11:18AM
3
Feb 03, 2012 02:29AM

Feb 03, 2012 10:46AM

Hello Ludwig

So it looks like these guys are saying the Jan/Feb drop should see oil above a $94 support level..Do the charts however take the rising Iran tensions into consideration.

Another thing is the spread between heavy and light oil which currently is narrowing.

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