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1.5¢ samson oil & gas limited

Chinese are buiding storage tanks and closing down uneconomical...

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7,875 Posts.

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27/02/15

17:27

Post #: 14832871
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Originally posted by cmonaussie ↑

From the anal-ysts at Credit Suisse...

"...We continue to believe the recent rally in oil prices and in OFS stocks is a classic dead-cat bounce and that as soon as U.S. storage gets full, and it is close, West Texas Intermediate (WTI) will fall, bringing expectations and stocks down with it."

Looks like they are on the storage full bandwagon too. Actually they have their own little wagon with 5 analysts signing off on that report.

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Chinese are buiding storage tanks and closing down uneconomical oil fields

http://www.theaustralian.com.au/bus...demand-a-mystery/story-fnay3ubk-1227240356640

SSN Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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