TSXV:WEE.H - Post by User
Comment by
everswannon Apr 23, 2010 5:43pm
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Post# 17026186
RE: $85 Oil
RE: $85 Oil
Oil is rising toward 90$-100$, already some traders are betting on it. Even above 100$ by this summer.
Also, Schlumberger - the oil service giant - has indicatated that oil service sector has "bottomed ahead of time"
Wavefront is an oil service provider.
We can now expect rapid adoption. Faster than what we have seen since Sept 09.
Market starts a fresh week on Monday with new expectation from Q2.