Commonaussie, what foolishness is this!!! The price of WTI going up would hurt SSN or an other Oiler!!? I think not my friend.. you are the typical overanalysing fool that is missing the bigger picture and larger forces at play. Yes there may be some hedging but it’s short term. Also we both know that SSN invested many many millions of dollars into American oil fields when the oil price was US$70 +. Getting back there would mean SSN could finally realise these investments and sell them if necessary. SSN is an asset play at the moment. Listed or not. It still owns those assets, and believe me they are soon to be grossly undervalued. The same Saudi prince that manipulated the oil price downwards in 2014 is now paying the piper, and justice will return to patient oil shareholders. Just remember the K.I.S.S. principle mate.
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