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Posthaste: Let OPEC fight all it wants — the Canadian oilpatch can survive at US$45 oil, thrive at US$50

Author: External Author | | Categories: Oil Well Optimization , Oilfield Service Company , Oilfield Services

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The euphoric rise in oil prices have left many analysts giddy with some whispers of US$100 per barrel already in the ears of investors, but it’s time to take a sobering reality check.

An all-important meeting of OPEC and its allies starting Thursday could see oil prices fall below US$60 if Russia has its way.

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Original Article Source Credits:   Financial Post , https://financialpost.com/

Article Written By:  Yadullah Hussain

Original Article Posted on:  Mar 02, 2021 

Link to Original Article:  https://financialpost.com/executive/posthaste-let-opec-fight-all-it-wants-the-canadian-oilpatch-can-survive-at-us45-thrive-at-us50/wcm/dc067de6-f7a6-4d73-a708-09601e957d7c/amp/



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