IPM incremental petroleum limited

oil prices

  1. 4,510 Posts.
    If the Iran situation worsens and oil prices stay the same, or even go up, a producer like IPM is simply going to be creaming it in.

    Also, there is not a lot of exploration risk in a company like this, so really any oil increases could only see the price going north.

    What would happen if the Iranians blocks up the Strait of Hormuz? Oil could leap well past the previous $73 recent high.
 
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Currently unlisted public company.

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