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Oil prices sink to six year lows amid shale pain
Canada's high cost oil sands producers face losses as WTI slips to 40.94, signaling a bear market for crude. Dennis Elam explains the unfolding five-wave decline and mood shifts from denial to capitulation, noting oil's peak near 110 in 2013 and subsequent drops through 2015.
MENTIONED IN THIS ARTICLE
Canada
Wall Street Journal
Dennis
Dennis Ing Elamisan
Sai
Texas A&m
San Antonio
Bull
Andrews High
Ralph Nelson Elliott
ELAM