There are many views on which way oil will go. I must admit I read a lot of them on both sides - but I still have no clue.
We have investment banks saying oil will push to $80 in 2019. I can only imagine they have something to gain from saying that.
https://oilprice.com/Energy/Oil-Prices/Goldman-Oil-To-Top-80-Within-Six-Months.html
Being that FDM have a solid business case at WTI $35, any upside is 75% profit. Could this make FDM one of the most cost effective oil companies?
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