atomic
The POO will fall if and when all the shale drillers in the US and Canada start drilling again.
Its still not profitable for them yet. They need a POO of about 60 70 usd to start drilling again.
There is no shortage of oil and this BS about OPEC and Russia cutting production is just that, BS.
Saudi's are not going to cut their production, it is the only thing they produce.
POG seems fairly resilient right now.
Have to give Trump a month or so and see what he does.
- Forums
- ASX - By Stock
- BDR
- Gold price
Gold price, page-10436
-
- There are more pages in this discussion • 3,290 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)