SpaceAce,
I don't agree the Oil prices have peaked but even if I'm wrong (and it wouldn't be the first time), how far do you expect they will fall.
The reason I ask this is that most analysts are still doing their oiler valuations based on an oil price of about US$22-25. So if oil prices crashed to half of their current level the valuations could still be considered reasonable.
Cheers
Badfish
who blinks first?, page-9
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