28ish v 39ish?25 Mar 2024 12:09
Whilst we await further news that could shape the sp going forward, on recent high/lows then it's reasonable to think that the low is about 28 and the high about 39...oil is above tlw figures based on $80 and as "the busy season" kicks in to gear, along with the impact on oil price that conflict brings then it would appear that $80 and above will be easily achievable. So at today's 30ish level the upside far outweighs the downside in my opinion, and therfore makes holding or even buying on any dips a decent strategy. Like others have said, if the Kenya or even T/O Rns drops then it's going to rocket... No news then up and down to 28 before a rise towards next ops update.