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Old 04-07-2012, 03:13 AM
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Old 04-28-2016, 03:01 PM
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Post Oil industry projected to lose $3B in 2016 after $7B in losses last year
Canada's oil-extraction industry is expected to lose another $3 billion this year as crude prices remain low, with the WTI rate not returning to $65 US per barrel until 2020, according to the latest forecast from the Conference Board of Canada.


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