RE: About time we had18 Apr 2018 18:23
With the shale sector struggling as of late it does not surprise me that the Saudi's would like to see $100 oil. They can lock in short-term before the shale sector picks up again and pushes the price back down and also their IPO will look a lot more attractive with $100 oil. Will we see $100 oil? I very much doubt it, however it would be one of those situations where I would happily be wrong.
I cannot remember the last time where Enquest were top of the FTSE all share risers for the day.
I would expect some pull back tomorrow, but again would happily be wrong and see a further rise.
GLA