OEL
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0.00% 1.2¢ otto energy limited

oil $104 a barrel -extra 336000 per week, page-9

  1. 62strat
    6,353 Posts.
    lightbulb Created with Sketch. 103
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    05/04/11
    00:04
    Post #: 8212313
    OK, his selection of the WTI spot price is closer to the mark than the Tapis price...OEL (GPC) receive Dubai 1M spot price for their oil.

    GoldenX, look at notes 4 & 5 under the financial highlights table...in this regard Boysy is right, if you want to know what the margin is /bbl, you'll have to email or ring Matt...make sure you ask what the margin is at a particular spot price.
    OEL Price at posting: 9.5¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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