some views on oil, page-3

hi sentia

it's not rocket science, when the markets improve so will the price of oil.

basically because of the very deep & prolonged recession we are in consumption has been falling.

therefore the price of oil has been hammered.

i've spoken with a couple of people whom are executives in the energy sector they say oil will be well over $100bbl when things return to normal. it could be 6 months from now or 18 months it's very difficult to say.

as for QPN they jury is still out, the next 24~36 months will be very crucial.

not sure if Mr Freeman can cut the mustard..