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

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Message: OIL!


Some shorts got trapped in the oil contract that expired today and the longs punished and took them to the cleaners for 16%. In the forward contracts, oil was up about $5.50 to $6.00. Moral of the story, don't become a stranded short!

Brian

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