oil preiceIt seems like we have returned to trading with the price of oil.Someone must have wanted a lot of shares in the last couple weeks and perhaps are done. I don't know that for sure but seems likely.
As for the price of oil; how does a net drop[when adding crude +gasoline +distillates] of 5 million barrels during shoulder season and just before OPEC cuts 7 million barrels per week lead to a drop in the price of crude? This market is very strange
I'm not too concerned about the drop in price of PBG as all the buying in the last couple weeks has further convinced me things must be going well at Whitesands. Hopeflly we will hear something soon but I wouldn't count on it before the next quarter is released. Anyone know when that will be .