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ProfitScout

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ProfitScout

Re: richbob post# 8102

Wednesday, 05/06/2015 3:55:22 PM

Wednesday, May 06, 2015 3:55:22 PM

Post# of 15432
The most important factor here is that we have passed the low points of the oil price decline and are starting the recovery leg. I don't think it is any accident that DDCC is starting to get its oilfield supply contracts signed and moving forward now.

See this news item:

Why the oil price will keep rising - in five charts

Oil prices have hit new highs for 2015, with Opec having won its war. Here are five charts which explain why it will keep on going

The Telegraph
By Andrew Critchlow, Commodities editor
3:46PM BST 06 May 2015

Link:
http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/11586616/Why-the-oil-price-will-keep-rising-in-five-charts.html
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