Sunday, June 17, 2007

RPT-Bay Street Week Ahead-Rising C$ puts squeeze on big oil

(Reuters) - CALGARY, Alberta, June 17 - Spurred on by rising
crude prices, the shares of Canada's oil producers have posted
big gains in recent months as investors anticipate higher
earnings for the sector.




But that market strength may moderate as a rising Canadian
dollar eats into the profits.


Read more at Reuters.com Market News

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