BHP 2.73% $45.96 bhp group limited

Chaleavery useful posts which i have only just seenoil has...

  1. cha
    5,843 Posts.
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    Chalea
    very useful posts which i have only just seen
    oil has fallen for months on reduced demand.
    there was a brief rise due to middle east tensions.
    the dow fell last night.
    the rally seems over for now.
    the OPEC cuts traditionally take 2 to 3 months to impact on price so I expect rises in late Feb to March and then sharp rises in oil, wpl and perhaps bhp although bhp will struggle with falling iron ore prices and negotiations this year.
    anyway I am adding you to my favourites. those charts are priceless! many thanks
 
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