WDS 1.05% $29.21 woodside energy group ltd

lazzarus, page-8

  1. 498 Posts.
    Oil above $60!!!???!!! You boys holding the puts must be getting edgey....closed on its low for the day under $36 with strong threat of going well under that tomorrow. WPL can and will fold like a deck chair as oil continues its slide. Opec ministers coming out saying oil under $60 is unacceptable, next one says $50 is a reasonable price...market hears this and thinks, "OK, I'll give you $45.....thats how it works, supply and demand baby, just cause Mr Opec wants $60 doesnt mean he will get it....

    $56 immediate support, then $52, $48, $42....

    Crazy talk?!? We shall see...there is no enthusiasm to push oil back to the rarified air above $60..

    Shows over folks...
 
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