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0.00% 8.2¢ impress energy limited

oil surges

  1. guttedsquid
    5,787 Posts.
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    05/06/09
    09:56
    Post #: 5246065
    Oil surged last night to a 7mth high. JP Morgan has made some bullish forecast for WTI and gas.

    If the hurricane season fires up(which is something I wouldn;t like to see happen) then the uplift could be alot worse. The weak USD has also been put in as a factor.

    $75 - $80 usd per barrel by years end was the target.

    Interesting to see how Tapis goes today.
    ITC Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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