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QVM Group's
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Tex,
Dec 26 07:41 am
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All Comments by QVM Group »Oil Price Predictions and Break-Even Prices [View article]
Thanks. We would like to hear more about break-even prices. The prices in the article were published by the Canadian Oil Sands Trust for itself, by Kurt Wulf for PetroCanada (who seems to have gotten the data from PetroCanada) and by Mena Capital, the research arm of the National Bank of Kuwait. We did not make the calculations ourselves and have relied upon those sources. What they include in the calculations was not disclosed, but if those are the perceived break-even points they will impact willingness to produce and deliver.
Thanks again.