Pmo and Brent5 Jun 2019 20:51
All the posts I see here, are solely concerned with the price of Brent.
Truth is, yesterday Brent was at 60.18$ and PMO was trading at 78-79... Now Brent is at 60.70$ as I talk to you, so up half a dollar compared to yesterday and PMO is down 7% to 73... When Brent was up to 62$ this morning, from 60 yesterday, PMO was trading down 2.5% to 76 already.
No correlation anymore to Brent, Zama news, Production or anything else. The Powers to be, wanted this share to crash from 148 last October to 110 a month ago and then crash again to 73 now. The closing sp today means that it would need to rise 102% to go back to what it was a few months ago. And that was without Zama or any big positive news. Amen