AOK 0.00% 0.3¢ australian oil company limited.

Ann: AOK Delivers Stable Production for April and, page-4

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  1. 7,365 Posts.
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    re: Ann: AOK Delivers Stable Production for A... Appreciate your opinion. I am hopeful of oil price staying around this area due to OPEC having to protect their position and where oil is still profitable around this area.Any worsening may not be worthwhile for many to explore for new oil.Europe's situation has been around for a while and has to be resolved one way or another.They will do it in a way to minimise impact to the well being of the European Economic Union.Lets hope they can do this.Europe and America have reached their peak and on the decline, whilst the emerging nations are on a rapid catch up and expansion phase.It is in the new areas that oil consumption will grow.Indonesia is on the verge, if not, in the production of a million vehicle per annum, second only to China.Lanskey sound confident and that is a good sign.Hope AOK will continue to brief the market continuously.
 
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