If I read this correctly? -" Oil up O/Night approx. 5% - quite a jump! "
Plus: - Year 2020 - One of the stand-out gains from an Australian perspective has been natural gas (up 145.1 per cent)
Taken from page 6 of Commsec report:
ECO_Insights_040121-Year-in-Review-Year-in-Preview.pdf (commsec.com.au)
Just what will 2021 bring? - particularly if the viability of some companies is being challenged? A lot must be being done in planning rooms of the big Oil companies as a lumpy transition to renewables gets more active -how wise is it to throw big dollars to dig up Oil, I'm expecting Gas as a transition fuel will likely gain momentum as a viable peak energy supply!
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