https://www.libyaherald.com/2021/04/24/libyas-oil-production-down-by-300000-bpd-due-to-lack-of-budget-could-decline-further/
If it wasn't for India and their apperent cov-id crises we would still see $72 brent next week, actually i still think we will see $72 next week
Huge spike in oil price coming with more Israel/iran conflict next week
-India have the LARGEST ever cov-id total for a day (or claimed to be if you believe it)
-Apparent emergency situation in India becuase of the cov-id
-Biden commiting to cut 50% of greenhouse gas emissions by 2030 (Hugely bearish but no effect on oil price)
That tells you brent is extremely bullish right now, only way is up, to $70 and beyond by end of the month
Hey , Excuse me, if anyones the village idiot , its me!! i am also a prophet here. I said $72 oil by end of april. and $72 we will see. Massive escalation of violence between israel- syria could cause a short spike in oil prices
Gosia thats the dumbest post ever...............Renewable energy sources will become cheaper every year, and will be able to scaled up
Nuclear Fusion isn't that far away either (10-20 years) ..............then say goodbye by the most powerplants in the world
blah blah blah, same old **** under a different company name, the only thing which will make this oil company profitable is sustained $70 brent, and non-******ed directors who don't hedge all oil at a ridicolous low price