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

Free
Message: EGYPT

Why would the OIL prices be effected by the change of the regime in Egypt?

I don't think the price of oil should be affected, due to the reasons you mentioned. Exports are not significant. However, the markets dislike uncertainty, and the oil markets definitely dislike geopolitical uncertainty, especially in the Arab lands.


Share
New Message
Please login to post a reply