InvestorsHub Logo
Followers 19
Posts 1692
Boards Moderated 1
Alias Born 05/24/2019

Re: None

Friday, 07/03/2020 12:44:50 AM

Friday, July 03, 2020 12:44:50 AM

Post# of 7974
After reading Gulfslope’s financials, I believe the price of crude oil is even more relevant to a successful Drilling Campaign.

On that note, Crude Oil Pricing is holding in the $40’s per barrel, even with this weeks increase in US crude oil inventories.

Louisiana Light $41.18/bbl as of 7/1/2020 Wholesale Spot Price

The 2 Global Benchmarks:
WTI $40.24/bbl and Brent $42.72/bbl as of 10 minutes ago

I read some economists anticipating more people driving instead of flying, so just more consumption of Gasoline in place of Jet Fuel.


Smith
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y