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mike93433

01/08/21 7:24 PM

#10948 RE: Ricosauve #10947

Yes, oil is already where it was before the pandemic lock-downs. OPEC agreed to limit their production so its looking good long term. Those $60+ per barrel projections look realistic*. Great time to be in MKGP IMO.
*Edit: $60 might even be on the low end as I expect there will be a rebound effect; Travel, Manufacturing and Energy consumption.