See the decline in US SPR, and yet oil prices are still rising....

  1. PaddyMac33
    263 Posts.
    lightbulb Created with Sketch. 33
    clock Created with Sketch.
    03/05/22
    10:36
    Post #: 61166025
    See the decline in US SPR, and yet oil prices are still rising. Now back above $105 US a barrel. It's only continuing to go up, even whilst China is still in lockdown. Imagine what happens when everything gets back to normal.

    https://hotcopper.com.au/data/attachments/4310/4310690-9696b0a6680e2c8eae82ca5e9236f0e0.jpghttps://hotcopper.com.au/data/attachments/4310/4310701-cd0a57c05644ceab7d41470b53edc978.jpg

    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

BOT US FDA approves Botanix Pharma's excessive underarm sweat drug
right-arrow Created with Sketch.
GWR Scoping study and Phase 2 drilling progress Prospect Ridge magnesium play for GWR
right-arrow Created with Sketch.
FHE Frontier Energy achieves key milestone for Waroona energy project
right-arrow Created with Sketch.
TLG Talga to form joint venture with lithium producer SQM to develop Sweden's Aero project
right-arrow Created with Sketch.
NEWS From the Floor: Perth conference highlights
right-arrow Created with Sketch.
WAF West African Resources draws final US$100M from Sprott-backed loan for gold plant
right-arrow Created with Sketch.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.