If this short report is accurate there'll be zero new oil projects for quite a while although Iran will rev prod up and possibly drive POO below $40. Demand for oil is stable at best.
http://www.oats-lrc.co.uk/lubes-mar...st-oil-producer&dm_i=5EV,3J8QM,5P1QWR,CO608,1
Slump in oil price hits WOR, page-13
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$13.71 |
Change
-0.050(0.36%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 20 | 2872 | $13.70 |
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| Price($) | Vol. | No. |
|---|---|---|
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| WOR (ASX) Chart |
