Hedge or not to Hedge24 Jan 2026 14:21
Good afternoon JSE holders, hope you're all having a good start to 2026. As we approach the end of another month it's good to see that a small rally in the Brent oil price has started, now $65.88 as i type,
with many Analysts and oil stock predictors now saying that oil could go northwards towards $100 per barrel in the 2nd half of 2026, what is the feeling on the hedging of the oil post summer 2026? i would like to think that by this period we should be virtually debt free.
we should see how JSE sits after the update in early February. it also looks like JSE is advancing the Vietnam gas project at a steady pace, hopefully they will get that signed of soon, attract a reputable partner and start the F.I.D. before the summer.
lots to look forward in 2026/27.
Very happy that the Sp has held up steady these past few weeks during the low spells of Brent, if the Brent price increases towards $70. it should help to move the Sp upwards towards 30p over the next few months. lots of moving parts ATM
hope you all have a great weekend, I'm just enjoying a few more days in the sunshine, 🍹🌞