STO 0.59% $6.79 santos limited

XJO drops 1%, should be more than enough for WPL-Shell...

  1. klu
    551 Posts.
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    XJO drops 1%, should be more than enough for WPL-Shell transition.

    Both poo and sto need a pullback to bounce higher.  Maybe the job has done.  Looks like 4.46 is the floor current pullback.  Next bounce will take us cross the 5 mark.

    https://www.cnbc.com/2017/11/12/wti-crude-prices-where-will-oil-finish-the-year.html

    I would say Brent will trade in the 55 - 67 range in the next 12 months - approximately a $10 increase from the previous 12m .
 
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