bank of america have said that $50 a barrel will shake out the weakest producers in the US for retaliation of fracking, which Opec have openly admitted is their plan. So IMO safe bet would be $50 as bottom, so im going to look at getting in at $5.
However, if the US dont budge we could see a low price for a long time!
bank of america have said that $50 a barrel will shake out the...
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$6.84 |
Change
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Mkt cap ! $22.21B | |||
| Open | High | Low | Value | Volume |
| $6.92 | $6.94 | $6.75 | $97.69M | 14.28M |
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| No. | Vol. | Price($) |
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| 2 | 5564 | $6.83 |
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| $6.84 | 5679 | 1 |
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