A yo-yo at the moment. Pathetic really. People forget that oil is 5% higher than this time last year. Since then OSH is down 10%, and off 30% from its highs. Their profits have gone up, their drilling and exploration activity and potential is at an all time high. They have found new gas and oil reserves, announced pending deals to build LNG and Petro Chemical plants, proposed an alternate gas pipeline.
Still - this volidity is a bit out of the ordinary. Anyone know the behind the scenes story?
A yo-yo at the moment. Pathetic really. People forget that oil...
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