Iran nuclear decision is key28 Apr 2018 17:11
Honestly guys keep your ears open to everything which might happen for the, Iran nuclear deal decision as it will be the key driver to PMO Share price in the next 1-3 months
US Pulls out of Iran Nuclear Deal and imposes sanctions = Brents stays $70-$75 in short to medium term at least of 1-3 months and PMO goes to 150p
US signs up to a new but does not impose sanctions = Brent drops $65-$70 in short medium term, PMO might have a small retrace to 80's and then start building up again in a few months time with driving season
Current Fundamentals (Even though they are relativity good) are not going to be the driving factor in Brent/PMO Share price over the next few months, but outcome of Iran deal.