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by Stockwatch Business Reporter

West Texas Intermediate crude for December delivery lost $1.68 to $67.02 on the New York Merc, while Brent for January lost $1.52 to $71.04, both benchmarks notching weekly declines (all figures in this para U.S.). Western Canadian Select traded at a discount of $9.80 to WTI, up from a discount of $12.00. Natural gas for December added four cents to $2.82. The TSX energy index lost 3.22 points to close at 278.61.

Robert Logan's oil sands producer, Greenfire Resources Ltd. (GFR), lost 31 cents to $9.83 on 90,400 shares, disappointing investors with its third quarter financials. These showed quarter-over-quarter production remaining flat at around 19,000 barrels a day. For context, Greenfire had told investors in mid-August that its production for the month was running above 21,000 barrels a day. Alas, it continues to be plagued by regulatory and operational delays, so much so that the financials included the second reduction to Greenfire's production guidance in three months. The company was originally aiming for a full-year average of 22,000 to 25,000 barrels a day. This was trimmed in August to a range of 20,000 to 21,000 barrels a day, and now it has slipped again to 19,500.

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