Well hopefully you will not regret it debarwa.There have been...

Well hopefully you will not regret it debarwa.

There have been suggestions recently that the price of oil (poo) could go up to US$ 60 by the end of this year if the slight financial recovery globally continues.

Obviously the higher the price of oil the better are the returns for any oil producer. Though the higher the price the greater the royalties they have to pay so it is not all peaches and cream if the poo does climb.

However a better poo leads to more interest in oil producers, especially if they have wells that are good producers.

So good luck with that decision