RE: Oil prices8 Mar 2026 15:05
Whilst ever rising oil/gas prices will exert a strong upward push on HBR, the effect of wider market shake out should not be ignored. Sooner or later there could be a panic based on inflation spiking or the harm being done to world growth. As seasoned campaigners will know, in a genuine correction everything gets sold off, its just a question of degrees
I would be happier to see a controlled, consistent price of $85-95 than one that spikes to say $125 and starts a panic
Should hopefully be a very good time for HBR re getting debt down etc, but keep an eye on the big picture