Disliked{quote} Are you looking at US oil? I think it will sit or stick at around $80Ignored
In the former case I have seen $76 suggested as a lower limit for acceptable profitability for the oil sands producers, not sure about the others - frackers & deep sea drillers, etc. At any rate, if any of the above be true, then they're not there yet & we can see sub $80.
No complaints here, I paid $3.15 at the pump today, lowest I've seen in a long time...
Are you trading oil futures, or what...?
"If The Fool persists in his Folly he will become wise." - William Blake