Volatility to grow as oil’s trading terrain shifts
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Nov 20, 2010 06:47AM
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
Like i wrote some time ago this artickle proves my idea about oil pirce ,falling us $ and the demand issue .
In a world where investors suffer from quantitative easing jitters, global economic uncertainty and a weaker U.S. dollar, oil’s traditional fundamental factors of supply and demand don’t fully apply.
Instead, traders have been struggling with a different trading environment for oil, and analysts warn that the new terrain will translate into more price volatility.