TSX:HSE.PR.B - Post by User
Comment by
autofocus111on Apr 21, 2017 10:49am
149 Views
Post# 26148335
RE:after market hours news release....
RE:after market hours news release....On a related note. It appears China is seeing a dropoff in local oil production.
>>>SINGAPORE A global focus on rising oil output in the U.S. has overshadowed an important trend elsewhere in the market. Falling oil production in Asia is forecast to accelerate as major fields dry up, which will stiffen demand for foreign barrels and help absorb the global glut. But Asia will be increasingly vulnerable to sudden price spikes as its reliance on imports climbs.
https://asia.nikkei.com/magazine/20170413/Business/Price-spikes-feared-as-Asia-s-aging-oil-fields-dry-up?page=2