I've just bought 450,000 ish shares today having written off my current investment here. Things are slowly changing here for the best, like most longtermers just fell for Pete's crap. Anyway now hold 1 mill shares ave 2.77p (ouch). Going to give it a couple of years but with 7.5 mill shares that Range have I can not see the SP going much higher than than 1.5p.
Oil prices rose, lifted by a 'bullish' report on the state of weekly US stockpiles of commercial crude.
Hopes that global producers will agree to freeze output at a meeting on 17 April also helped things along. Kuwait, a major player within the Organization of the Petroleum Exporting Countries (OPEC), expressed confidence that members and non-members of the bloc will move ahead with the proposal to curb production.
By the close of the trading session, Brent crude oil futures had climbed 4.87% to $39.81 per barrel and West Texas Intermediate was up 4.9% to $37.74 per barrel.
According to the US Energy Information Administration, inventories of commercial crude oil dropped by 4.9m barrels over the week ending on 1 April.
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