Replies to post #5011 on Petrogress Inc. (PGAS)

[Copper Hunter]

Does anyone know the ice Brent price for a barrel of oil? It's sky rocketing lately, $58 today. It was in the 40s in 2016

From last quarterly filing:

"In May 2017, the company entered into a sale agreement with Sage Petroleum Ltd., a company who supplies oil directly to Ghana National Power Plant, to deliver them 40,000 barrels (5% +/-) every month for the next 12 months with a scale discount of the dated ICE Brent price."

[Dubster watching]

That seems quite favorable!