BYE 0.00% 5.4¢ byron energy limited

Ann: Quarterly Activities and Cashflow Report, page-46

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  1. 4,828 Posts.
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    The upward march of the oil price had a hiccup last night .
    I would like to see it stabilise around US $80.

    The US rig count has been going up steadily and despite what the industry has been saying US$100 oil would start the drilling frenzy in the shale again .
    Even at $80 it is recovering .

    OPEC plus might just be tempted to crush them again if that happens .
 
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