“We expect prices to average $130 in 2013, so we expect them to rise higher between now and then,” said Goldman Sachs’s New York-based head of energy research, David Greely. “On a 12- month horizon we see Brent prices at $127.50.” Brent averaged $110.78 a barrel in 2011 and $80.32 in 2010.
Declining production rates at oilfields in the Organization of Petroleum Exporting Countries have “accelerated precipitously” and will continue to worsen, Bank of America Corp. said today in an e-mailed report.
Wouldnt that be a great outcome for ROc, especially in 2013 when production will be over 8500 bopd - more like 9000 bopd
“We expect prices to average $130 in 2013, so we expect them to...
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Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $17.98M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $540 | 5.137K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 128332 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 13979 | 1 |
View Market Depth
| Last trade - 14.48pm 11/09/2025 (20 minute delay) ? |
| ROC (ASX) Chart |