Confidently went to bed last night believing I'd made a pillock of myself again, POO bound to reject these levels and fail the test... But no! Should be mid-40s by April 17th freeze meeting (the first global supply deal in 15 years) and $50s after that when they all sign the dotted line.
With Brent at $41.50 and WTI now cracking $40 (up 4.5% to $40.20 currently) then surely it is safe to say BRU can resume production and make wads of cash again. We need an announcement on more efficient transport plan forthwith and get pumping dollars out of the ground.
