Yes Smug the world economies need $150 oil like they needs the Bubonic Plague...I find when they talk like that we are probably near a top, and like you would prefer to see it in the 70's for a while..we're not producing, so only get a sentiment lift out of it anyway...would be much happier if we increased our resources by 330 barrels instead , now that would improve sentiment big time whatever the oil price was doing..
Cheers Whisky
Get Ready for $150 Oil... Again, page-6
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