RE: £20 in 202128 Dec 2020 07:53
Jay just look at oil usage for the last 20 years and it’s steady increase with no sign of slowing until Covid! Some think this will trigger a big change but I believe it’s just wishful thinking by a few(who get heard the most)
Look at China’s increase in oil consumption, its doubled in 14 years which is absolute madness! This is not suddenly going to change! Populations increasing and other countries developing will still push oil up! Shell made money in the third quarter despite oil being rock bottom! Just hold on, the divi will increase and so will the stock! We only get these chances every 5 mostly 10 years so make the most of it!