"$100 in 2018" is probably too bullish. I will be very happy to have an average poo of 75 in 2018. The main problem for the US shale producers is that they do not make money. Just looking at BHP's onshore business, it lost money when poo at 100 years ago and still lost money in the last report.
Wait and see where the poo will go in a few weeks. I am doing nothing with STO at the moment.
Oil $82 in six months?, page-8
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Last
$6.82 |
Change
0.100(1.49%) |
Mkt cap ! $23.02B | |||
| Open | High | Low | Value | Volume |
| $6.72 | $6.84 | $6.71 | $42.88M | 6.307M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13309 | $6.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.83 | 58478 | 6 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| STO (ASX) Chart |
