FAR 1.02% 48.5¢ far limited

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  1. 14,310 Posts.
    lightbulb Created with Sketch. 706
    Oil down slightly overnight........

    https://hotcopper.com.au/data/attachments/2033/2033092-b0b5acd2492c5d1bf4ec2c8fbc695382.jpg

    Every commercial oil producer will bring forward maintenance shutdowns and send the exploration rigs on extended holidays if this holds through the northern spring.

    Price reset by 2021 to $100+ IMO when shortages begin to take hold

    Toiletpaper meet petrol bowser....

    Everybody knows this price point is unsustainably low
    Last edited by szaba_the_hut: 10/03/20
 
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