Has a delayed reaction to oil rises and straight away reaction to falls. So when oil reaches $75 dont expect 110p straight away give it about 1-2 weeks
Brought barcs at 160 during crash sold it at 50p. Then news came out qatar bailing them out. Was on 70p. I thought no I sold at 50p not buying at 70p. All the way to 220p I kicked myself.
Then vamoosh. We will let you know when that time comes. When i sold at 100p last year I didnt spend the next 6 months wishing it fell whilst it was rising I stayed away