I am right in thinking Kraken OIl is not Brent Oil?
THink there is a huge gap between WTI and Brent, More profits for companies producing brent.
That explains the lack of rise
Total pulling out of Iran is the big news
Venezula oil sanctions could be happening soon also on Sunday if president gets re elected
I'm out for now @117p, i need safe profit and can't take the risk if this goes back down to 100-110p
If the BOD continues to hit all its milestones this year - Tolmount - Zama et al - there is no reason we cannot get back to 250p or 300p by first Q 2019
It won't be hard for the BOD to reach targets if they release ambiguous statements such as ' at current oil price levels', how can they even been allowed to phrase a sentence like that without giving a precise price range?
Why wait 2 years for a 50% gain when you can lose 15% in crypto overnight?
Exactly.
People are forgetting its now driving season, we could be seeing consecutive 4-10 mill draws = $85-$90 brent