FAR 0.00% 48.5¢ far limited

I will top up at each 0.5 cent marker . Price of oil has hit a...

  1. 14,314 Posts.
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    I will top up at each 0.5 cent marker . Price of oil has hit a pot hole in May/June. Down more than 10% from April, but I don't think it is a long term phenomenon.... I expect some recovery in the 2nd half to a new 12 month high circa $60 per barrel to restore a LT balance in supply and demand, if it doesn't then expect crazy price spike by 2018 over $100.

    There is no takeover today to jump start SP and it may be 6 months into next year till there is one , it can be sorted prior to FID.
 
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