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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (50139)10/12/2018 7:13:59 AM
From: Goose94Read Replies (1) of 203376
 
Crude Oil: 'Dirt Cheap' Canadian Oil

That’s how BMO characterized the collapse in WCS prices in a note to clients yesterday, while warning of the implications for Canada’s trade balance, our currency, and the broader economy. Meanwhile, National Bank is telling clients there’s “material upside to gain” for investors, pointing to an expectation differentials will narrow. We’ll explore the investment thesis and the stakes for the Albertan and Canadian economies with Western Canadian Select trading at a ~US$50 per barrel discount to West Texas Intermediate. BNN.ca
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