STO 0.13% $7.66 santos limited

oil glut believe it or not

  1. 121 Posts.
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    Thanks croatian for all your informative posts!! Yesterday I had a real gut feeling about the report on the oil glut which has been flashing over our television screens for the past few days,and this morning there is a good article on invest .com,which states exactly how I felt about the EIA report.There are so many variables out there,wars/breakdowns etc also a slight possibility of cuts in production by Russia and the Arabs,also the lower oil goes prior to the meeting in Algeria, the more likely some agreement might be negotiated. I am not hoding sto just at the moment but hold other oilers,so we are all in the same barrel.There has been comments about how risky sto is,some of the so called top blue chip companies like bhp etc have tumbled badly so tell me what share does not carry risk.Now is the time to be buying sto
 
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