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And don't forget that the US$ POO has been in a steep downtrend...

  1. 148 Posts.
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    And don't forget that the US$ POO has been in a steep downtrend since the US$145 peak in July. Even in AU$ terms the momentum is downwards.

    http://www.aip.com.au/pricing/marketwatch.htm

    Most of the O&G companies have followed this trend direction.

    The big question is, where does the POO go from here?

 
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