Agree with the sentiment above. Just check out the 10 year Oil futures and put your mind at ease. No way oil is staying at this level medium term (opinion). I have doubts about Saudi stated oil reserves as well. US Shale bonanza will mostly be used domestically as US has minimal refinery infrastructure for that type of HC.
Oil price falls? Why you should relax: OPEC head, page-3
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49.0¢ |
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Mkt cap ! $45.28M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 20000 | 1 |
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