LNC
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0.00% 99.5¢ linc energy ltd

oil hits 4 year low, page-17

  1. dowjones30
    325 Posts.
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    15/10/14
    11:51
    Post #: 14127611
    I believe they would have hedged the oil price as most producers would - can anyone confirm this?

    This drop in oil price is not a concern unless its longer term. We've seen these prices before in the last few years.

    If its a demand issue (meaning global growth issues) it aint good. If its a supply issue, OPEC can dial back production and/or middle east conflicts/tensions can move price back up.
    LNC Price at posting: 99.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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