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29/05/18
12:02
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Originally posted by db76
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Looks like the gloss is off SXY sp
Will be able to buy below 40cps soon
They don't make many announcements
Which is a good thing
Shows they are not desperate to lift their sp
May also mean that a capital raising is not planned
Saudis increasing production to offset Venezuela
Should pull poo down
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They haven’t increased anything. They had an inconclusive chat with the Ruskies about their best options. Whether they change output in future or not...
Oil prices could soon 'spike' toward $100 a barrel regardless of OPEC and Russia, strategist says
https://www.cnbc.com/2018/05/28/oil...dless-of-opec-and-russia-strategist-says.html