By Duncan Sutherland – Exclusive to Heavy Oil Investing News Market news The short to medium term outlook for oil sands and heavy oil projects remains negative. As the barrel price for light sweet crude remains (relatively) low, new investments in oil sands projects are unlikely to be forthcoming. The combination of low prices and [...]
Continue reading "Upgrader:Harper’s gambit"
Tuesday, September 2, 2008
The dollar extended its rally to fresh 2008 highs on Monday against a basket of currencies as oil’s startling fall toward $105 a barrel improved expectations of lower global inflation and non-U.S. interest rates. Michael Klawitter, head of FX strategy said: What does that mean? We will see mounting rate cut expectations, which means spreads [...]
Continue reading "FOREX-Euro below $1.45 as oil tumble strengthens dollar"
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Thursday, November 6, 2008