WDS 3.24% $24.25 woodside energy group ltd

wpl a predictor of crude oil rise?

  1. 9,081 Posts.
    WPL up strongly yesterday

    Crude oil hits $33 a barrell overnight

    More oil price rises to come?

    Or has WPL's rise more to do with takeover speculation?

    Santos was also stronger on Friday and a number of other energy stocks were exhibiting considerable strength.

    Looks to me like the energy sector is set for more rises and that crude oil is charting a course for the $40 (US( level.

    Black gold is looking like a winner but it will put a dampener on the "recovery" and spur on the gold/silver price.
 
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