STO 1.29% $7.84 santos limited

$50-60 New Normal or U.S Shale Bubble?, page-521

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    OPEC deal falling apart already. Seems like every country wants an exemption. So typical.

    "Saudi Arabia faces the prospect of much deeper -- and financially painful -- oil production cuts after Iraq joined the queue of group members seeking immunity from the deal hatched in Algiers."

    http://www.bloomberg.com/news/artic...s-worsening-opec-equation-as-exemptions-mount

    Smart call by Gallagher to hedge at $50 - Brent has fallen every day since the announcement and is now $49 as I type.
 
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