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Diaz Resources Ltd V.DZR



TSXV:DZR - Post by User

Post by qwqwon Jul 13, 2012 2:31pm
400 Views
Post# 20111895

Heavy Oil Price

Heavy Oil Price

Western Canada Select heavy oil price YTD has fluctuated from a high of $89 bbl to a low of $49 (about a month back) and has  averaged $74 bbl.Luckily the price has recovered a bit from the $49 low to close at $67 yesterday.Even NG is improving.Storage levels in the US were as much as 872 BCF higher in April of this year than last.That surplus has now to dropped to 548 BCF.Because of the record heat in The US, 100 BCF of that drop occured in the last 2 weeks alone.  

 

 

 

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