FAR 4.00% 52.0¢ far limited

crude price on the rise

  1. 780 Posts.
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    Point of interest: Crude has just hit $70 a barrell. When Shell negotiated the option agreement early in the year oil was around 1/2 the price it is now (below $40). A 100% increase in Shell's revenue & with oil tipped to hit $100 in the next quarter must have a positve influence on the Senegal drill decision & their need to find new reserves.
 
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