ROC rocketboots limited

brent nearing 120 , page-4

  1. 1,695 Posts.
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    suchislife - I don't mean to be snitchy, but if Europe faced an oil price of 180 in the next couple of years, or for that matter Australia or the US, I think the resulting recessions would have share prices at historical lows for a long period thereafter (regardless of valuations). There are a huge amount of factors influencing oil prices at the moment, and OPEC has a target price of $100 - so best to estimate an average of +/-10% of that. They can after all turn the taps on and off when it suits.
 
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