RE:RE:RE:Disappointing showing today by IAE ....For the recent SP stagnation, could be a pause with some selling after very cheap buyings in the recent dip. We did pass though 0.70's in no time...
For the hedges structure in place, given last year's fall and new up trend going on, it starts to look like no one could have set it better. And Stella delay could turn out to be another very good timing. Luck again?...
For the future SP, all is linked to oil price, like the rest of the oil patch. The trend? Reopening closed projects is not as quick as many could think, and financing in the oil patch could be harder to find in the future. At the pace US is cutting output this year, the worldwide oil supply/demand equation will reverse before year's end, 2017 will be very interesting, imo.