SHE 0.00% 0.8¢ stonehorse energy limited

OIL price:Brent crude oil has been rising sine the covid crash,...

  1. 139 Posts.
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    OIL price:
    Brent crude oil has been rising sine the covid crash,
    https://hotcopper.com.au/data/attachments/4818/4818210-5b382088d98133053ec116e16387e8fe.jpg


    Natural gas has been rising since covid crash:
    https://hotcopper.com.au/data/attachments/4818/4818216-189c4a150f508d7794be021c72f0091e.jpg



    Since the Jewell well has started pumping the USD has increased from around 129 to 150,

    SHE may be holding some of their cash in USD, this might not have made it into the September quartile report ,

    And the price USD/AUD has gone from 1.3 to 1.54 an increase of 18% since the jewel well started pumping.


    https://hotcopper.com.au/data/attachments/4818/4818240-8a728bb9517613af744bc9f0cc81cd23.jpg

    and if oil price falls, US will have to restock the strategic petroleum reserves..pushing it back up.
    Last edited by valuein: 08/11/22
 
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