Nothing is going to happen until the next set of figures which is due next week.Hopefully this will be sweetened by a news update of what progress is being made.AIMO GLA
The API result came out yesterday and was over over 6m barrels drawn from the previous week however the more respected EIA report today showed only a 1.68 draw. The Saudis are apparently going to cut back production further and target $80 causing oil to rise again
Yes I noticed SOU up again this afternoon and I was thinking how on earth can SOU bigger market cap than AMER when they don't produce anything and have no facilities to transport the gas and no offers for what they have got.Remarkable
Sorry I was wrong the last report was 17th Oct so the next one is due maybe next week.Anyway that's history and dosnt reflect the true story after whats happened recently