I think that what you meant to say was more "I don't want to believe you".
If you understood the oil fundamentals better, you'd not have suggested that a sustained 'over $60' any time soon, was possible.
Depending on what happens at the OPEC meeting in coming days, oil may even fall again. To be honest, we'd really need to see deeper cuts locked in until at least first quarter next year to get that sort of oil price ($60), but they are talking a month of two extension and not 9 months!
The underlying wider intention is still to finally bury the US Shale companies - once and for all... kaput!
I own this stock too.... I'm just being a realist.. btw!
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8 | 1415388 | 0.008 |
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6 | 3950000 | 0.005 |
Price($) | Vol. | No. |
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0.011 | 500000 | 1 |
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