While Oil prices aren’t doing too well oil stocks abroad seem to have now waken up and are ignoring minor fluctuations in oil prices. BP is doing extremely well after great Q2 and dividend boost/buyback.
Investors need to wake up and realise oil prices are higher than before the pandemic.
I sure am looking forward to see WPL rise more than 6% one day, especially if a company more than 5 times it’s market capitalisation can do it.
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