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Getafgrip, if we get to £27 by the fourth quarter my wheels will fall off !!!!
At some point next year I’m planning on selling at least half so I can buy PSN,
then wait for them to double or triple like shell have done.
I bought TW. In 2009 and made x 5.
The revised EIA spot forecast for the fourth quarter is for $87.48 pb.
Next year’s first quarter is estimated to be $88 then dropping $1 pb, per quarter throughout 2024 which leaves us at $85 pb not too shabby.
Hey Getafgrip, The WMO suggest that El Niño will be arriving later and after the summer which will cause a hotter 2024 but, it may be proceeded by a frosty winter. However nowadays trying to rely on some sort of timetable with El Niño, and La Niña is almost impossible with the effect that global warming has on the 3 degree + - sea temperature in the Pacific and the jet stream.