Sturminator1
"You cannot predict oil price movement"
Agreed. It is like trying to predict currency movements but last night's fall of 1.42% in AUD V USD certainly help's Tap's bottom line.
Judging by the reaction to the death of the Saudi King I think the market is looking for an excuse to jack up the price of oil. I don't think the fundamentals of the market matter too much it more about the mood of investors.