Monday, July 24, 2017

80-cent loonie: Good for shoppers, bad for oil producers

3:13 PM

Year Oilpatch 20151215

One of the few saving graces of the oil downturn has been that oil is priced in U.S. dollars, meaning that as the loonie dropped over the past three years, it cushioned the blow of the price drop. That's coming to an end.



from CBC | Express Feed News http://ift.tt/2uueqNS

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