Mick...the oil market is complicated at the very least in regard to pricing...already
there are reports of some take up of oil Futures 2018..at $100/barrel..so someone
thinks oil is to cheap at present..and I agree..Times like this I remember a report
of a senior BP Exec.musing over the fact that "for every barrel of oil we produce per day the the world
is consuming 9 barrels per day"..that situation does not change overnight..despite
what the media might have you believe...
Cheers
AKK Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
