escargotPosts: 2,652

Opinion: | No Opinion |
Price: | 43.00 |
RE: Aoka Mizu
7 Dec '18
Hi Sipp......no I know but given some of the reports that were coming out I was beginning to think 1m would be absolute best outcome so anything extra is cream. It should at least , as people are saying, underpin the price and stop the rot. I'm happy anyway mate .
RE: Aoka Mizu
7 Dec '18
We do not need a 10$ bounce?
If Brent remains in a 60 to 65 dollar range that is perfectly acceptable. No cut or insufficient and the oil price would have continued to drop and who knows were it would have stopped. As you suggest johnpwh if the price rises too much it will encourage US shale and the cycle begins again.
johnpwhPosts: 1,046
Opinion: | No Opinion |
Price: | 43.50 |
RE: Aoka Mizu
7 Dec '18
Agree with you SIPP, but may underpin a $60-$70 range for Brent.
Not forgetting WTI Midland is well over $10 less than Brent so I suppose many shale producers may also reduce? They only recently became profitable at the higher PoO price levels
SIPPn00bPosts: 3,239

Opinion: | No Opinion |
Price: | 43.96 |
RE: Aoka Mizu
7 Dec '18
"1.2mbd cut....... yes !!"
Can't see this providing a $10 bounce I'm afraid escargot.
Albi1Posts: 401
Opinion: | No Opinion |
Price: | 42.68 |
RE: Aoka Mizu
7 Dec '18
Thanks HTL, but full credits go to Laserdisc for these pictures as posted on the ADVFN board this morning.
Aoka Mizu
7 Dec '18
Hi Everyone,
Great shots of AM being made ready at Rotterdam.
Many thanks to "Albi1" on the iii board.
All the best.
HTL