Of course one could argue that the price of oil both in the near future (months) and there after (years) will be determined by just one thing: the current Syrian/Middle East crisis. It could make all charts irrelevant instantly or it may be business as usual. In the one corner we have Putin & Co in the other Obama & Co, any bets on the outcome?
Of course I am betting that it will all fizzle out which is why I am hanging on to my LNG shares and patiently wait for the BTAs to be announced and beyond.
Go the Red Ant
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Oil stocks up as global price sentiment improves, page-94
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