Crude Plunges Following OPEC Decision to Not Cut Production
MishTalk
NOVEMBER 27, 2014
Western Canada Select, the Canadian benchmark, has lost more than a third of its value since June, in step with declines for West Texas Intermediate and the international gauge Brent. “This is a pretty big shock,” said Justin Bouchard, an analyst at Desjardins Securities Inc. in Calgary. There’s no question there’s going to be a slowdown.
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