Tweet Canada is a haven for crude oil production. By January 2017, the country was producing 4107 BB L/D/1K of crude oil. This is the highest figure ever for Canada, and prospects remain promising for increased production and higher oil prices. In terms of global competitiveness, Canada is at position #3 for crude oil production. […]

27
Jan
stored in: Sector review and tagged: , ,

Tweet With the recent breakout of $CAD’s wedge pattern it looks like it’s headed to $1.01 and maybe beyond. I like to take one resistance area at a time so we’ll see how it behaves there, but when you look at the USD below there does seem to be a lot of room to fall […]