RE: Oil Price Plunges7 Mar 2020 14:02
I normally don't follow the bb over the w/end but by chance popped in to see Marshal post,65jh been filtered for ages, and have to say that I believe you are totally deluded. Oil discovery's are getting harder to find and those that are out to sea are deeper and more costly to extract. It is estimated that oil consumption will continue to rise for at least the next 5 years or more and therefore major oilers are still looking for "cheap" oil which is exactly where the likes of wressle and wn and dare I say it Bish come in. We have had the spikes and troughs in the oil price many a time before and will so again but I would bet you if wn is productive there are a lot of other "fields" that will fold first. I agree with VHB-scaremongering and filtered bibib