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0.00% 1.4¢ elk petroleum limited

oil price unsastainble

  1. florian
    798 Posts.
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    11/04/08
    20:32
    Post #: 3578734
    Oil price has to go down significantly to avoid hunger in muslim countries and avoid social arrest.Arab oil producers are aware of this and will do something about it to bring price of staple food like rice to lower levels. Also remember that/ if anyone understands/oil price at the moment is driven by speculators/as price of rice/ not by fundamentals.Oil price will go down .If not be prepared for a wars.
    ELK Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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