Former BP Chief warns on Russia sanctions: U.S. and EU sanctions against Moscow are in danger of turning round and biting the west by constraining global oil supply and pushing up prices in coming years, the former Chief Executive of BP has warned.
I think it is good as genel saw that the company was selling out far below reasonable price and used some of its ample excess cash to buy the cheap stock. For the record I've bought a first tranch into this stock today. I ha e been closly following it for a very long time. I know it wont go bust unlike another close kurdish oiler that is struggling to raise production rates. I have lower expectations than someI have read on here, but they are more likely to be accomplished.
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