SXY 1.59% $3.10 senex energy limited

Oil price and super spikes, page-3

  1. tui
    4,837 Posts.
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    This is entirely possible. The Houthi's have upped their missile program and are now targetting Saudi oil infrastructure and even fired a missile at a Saudi oil tanker. You only have to surmise what would happen to the oil market if one of these missiles hits. ( you go to your supermarket and buy as much as you can )

    In the meantime basic fundamentals are taking oil higher following minimal E&P capex over the last 4 years. Senex has put the hard yards in and are set to become a very big earner.

    Oil and gas go up. The oil bears are hibernating.

    ps And the US dollar keeps falling.
    Last edited by tui: 15/04/18
 
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