If threatened by fact sidetrack the issue, that is the tactic but it wont work, the price of oil is rising, we are making solid progress. We didn't so much as blink during the post Brexit panic (ill founded it seems with the Footsie 100 already back to pre Brexit levels. You have already changed the name, now change the record.
With a skip and a jump the oil price is almost back to pre-brexit levels, this is mainly down to better inventory stats this week where both organisations saw a draw of around 4m barrels. In the background there are a number of machinations but the rise in refinery utilisation to 93% ahead of the Independence Day celebrations is probably key. Elsewhere a fall in imports helped as did US production falling by 55/- b/d and Iraq output down by 60/- b/d last month. With the Norwegian strike still imminent pressure is on the upside.
FTSE 100 SOARS to WIPE OUT Brexit drop in less than a week as confidence grows BRITAIN'S top stock market has continued to soar today to completely erase last Friday's shock drop, sparked by the vote to leave the European Union (EU).
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