CVN 2.50% 20.5¢ carnarvon energy limited

So overnight Nymex oil goes up by 3.66 per barrel to 91.77.All...

  1. 1,138 Posts.
    So overnight Nymex oil goes up by 3.66 per barrel to 91.77.
    All the usual suspects -

    - Shell cannot guarantee supply contracts in Nigeria due to sabotage
    - Technical problems in the North Sea
    - Outlook lower for Russian exports due to depletion and rising domestic demand
    - Exxon ( the company of the double cross) wins a court injunction against Venezuela about frozen assets, engendering further choppy relations with Hugo Chavez and the west.

    It just seems a matter of time before CVN proves up its finds and increases production. The further a big bull run in CVN is postponed by lurching markets and the odd bad well, then the more spectacular that rise will be when it finally happens.



 
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