To be honest, with Uke allowed to hit Russian targets (maybe refinerys), plus their sanctions, likely more sanctions on Iran come January, OPEC saying they're decreasing production, but might also increase production, as well as USA drilling (baby) drilling!
Do I think we are at the bottom, emotionally I say yes but thoughtfully I say no. I have regardless 2 weeks ago bought a bunch at $23.85, am prepared to double holding if it drops further due to any of the above.
I had a skim over upcoming production from WDS and it looks like solid volume, the only factor is the oil price which may slump in the medium turn. Trump probably wants to fill up the strategic reserve again, only 360 million off full though
WDS Price at posting:
$24.39 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)