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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: cllzf volume/bitumen price

Heard yesterday on the news hear that there is a rush to buy heating oil.In fact I bought to and filled my tank again though it was not empty.People here take advantage from current drop in heating oil to fill up the tanks again.

Car fuels today are also up after recent drop.This could stimulate more people to take action .We also have a harder winter time here in Europe then we used to since 10 years.So energy demand is stronger due to this event too.

What are the feelings in Canada and he US?Are people also taking advantage to fill up heating tanks?It would surprise me if stockpile figures weren't down this time.



To Jurek

This is good news for CLL about dil bit price.Have you noticed on the chart that down trend is broken?Look to RSI ,MACD ,Accumulation/distribution .All up and above downtrend lines.Yeserday touched the previous support line.Hope we go above next sessions.Then I'm watching next 1.25 level.

If you're right about dil bit price and if I was DG I would also consider not to slow down to much on pod 1.

I see some reasons oil could be supported in short time.

  • Obama in office at Januari 20 with a plan.Though economic situations are far from over markets tend to react much earlier.
  • conflict in Gaza
  • Russians conflict with Oekrane
  • A more colder winter here in Europe then we are used to.


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