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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (81843)	4/8/2020 8:43:35 AM
From: Goose94	Read Replies (1) of 202736

Crude Oil: WCS It was blunt talk from Alberta Premier Jason Kenney last night in his address to the province. “There is a very real possibility that, as global inventories overflow, our energy will hit negative prices.” Who would have thought more than a decade ago when then-Prime Minister Stephen Harper championed Canada as an emerging energy superpower, that today we’d be having a discussion about producers potentially paying customers to take oil off their hands? Kenney’s candour came the same day Western Canada Select crude oil sank 56 per cent to US$3.92 per barrel, and just a few hours after he said the province’s unemployment rate could hit 25 per cent. BNN.ca

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