Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
A big factor in the revival came from China, world’s biggest manufacturer, oil experts said demand for crude was nearly back at pre-pandemic levels. The country is consuming about 13 million barrels a day, just short of levels when it locked down in January.
https://www.arabnews.com/node/1676741/business-economy
Even as we Speak
Brent Crude •10 mins $35.61 +3.11 +9.57%
Oil prices surge to 2-month high on hopes of demand rebounding and output cuts paying off
https://markets.businessinsider.com/commodities/news/oil-prices-surge-2-month-high-demand-hopes-supply-cuts-2020-5-1029210450
Oil prices jump as lockdowns ease and supplies tighten
https://www.aljazeera.com/ajimpact/oil-prices-jump-lockdowns-ease-supplies-tighten-200518041846820.html
Brent $32.50
Rig Count Drops To New Low As Oil Prices Soar
Attended all AGM & never heard anyone criticize them...The guy was there with his little red light showing how much Tungsten was in the ground almost the same presentation for years; Why didn't someone speak up!
https://oilprice.com/Latest-Energy-News/World-News/Iran-Sends-Gasoline-To-Crisis-Stricken-Venezuela.html
Iran sends oil to o Crisis-Stricken Venezuela
What's with all the medical updates.......Lets talk OIL.
In fairness these are stranget imes; there is a pandemic going on & a lockdown....No buisness is being done. It's Worldwide. Hopefully it will end soon. A for the tungsten mine, I always wondered why the last crowd walked away from it...No we know why...Also ORM didn't have the money to develop the project on their own so they had to take on a partner. Almonty were offering crumbs for it. Give the board time.......Nothing else we can do
Impressed with the great job PMO are doing at this time when the world has slowed down. The numbers are all good Oil will be back as soon as things are up and running again when plains are in the air and cars are driving the highways again. Lucky to have TD at the Helm!
(Jelenko) When i see the name of those commenting/ The doom and gloom brigade I don't read it....Because they talk total Rubbish...Wonder why they get up in the mornng...A for PMO i remember experts were advising selling the stock before they reached dizzy hights....What these people are about is Fake News......Listen to the updates of TD & PMO
U.S. oil prices climb by nearly 17% for the week as OPEC+ production cuts begin
https://www.marketwatch.com/story/us-oil-prices-on-track-for-weekly-gain-continuing-bounce-after-april-rout-2020-05-01
Oil Rallies On Signs Of A Global Reopening....
Brent Crude •10 mins 25.15 +2.61
Oil surges 20% amid growing signs of a global demand rebound
https://markets.businessinsider.com/commodities/news/oil-price-rises-signs-falling-storage-demand-offset-iea-forecast-2020-4-1029149505
What's with The (SauerKraut...) likes to knock everything ....Join a dating site...Go PMO!
Updated: Court sides with Premier Oil over North Sea deals and debt proposals
A judge has sanctioned Premier Oil’s plans to acquire £660 million worth of North Sea fields and extend its debt maturities.
Agree.....But that will run it's course...At the moment Industry has shut down, in time it will start up again as with Oil price