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Canadian dollar sinks below 88 cents as Saudis cut oil to $77
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12-14-2014, 03:07 PM
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Violator
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Join Date: Jul 2011
Location: Calgary Alberta Canada
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Quote:
Originally Posted by
FlameOn
OPEC member speak regarding the lower price of oil. Member from UAE states they do not plan to cut production even if oil drops to $40/bbl.
http://money.cnn.com/2014/12/14/news...ice/index.html
I'm hearing alot of those facilities production cost are 5 dollars a barrel
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