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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$7.81 |
Change
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3 | 43486 | $7.77 |
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