Canadian Oil
Canadian Oil stocks are not quite behaving in tandem with their American counterparts, as evidenced by less robust share prices and more modest earnings growth prospects. Slightly more than two weeks ago, according to a CNN Money story, a Credit Suisse analyst recommended that investors take a “defensive” stance where major Canadian oil stocks were concerned, due to the strength of the Candian dollar and the limited prospect of positive upside growth. In a recent related CNN Money-Dow Jones Newswire story, Canada’s Syncrude production was halted due to freezing conditions in the Canadian oil-sands mines, which are expected to produce…