ITC impress energy limited
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world oil reserves in decline

  1. guttedsquid
    5,929 Posts.
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    23/10/09
    14:27
    Post #: 5823238
    Everybody has been stating that world oil reserves are in decline and that a price elevation is very soon well past the $140 hit last year.

    Interesting to add that Woodside today had big reductions in oil production due to decline and they haven;t replaced it. Interesting times ahead - and they say oil fundamentals are weak. What book are they reading. Food for thought anyway.
    ITC Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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