GREY:BXEFF - Post by User
Comment by
darbon Apr 12, 2011 9:11am
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Post# 18417978
RE: RE: IMF hikes oil price forecast by 20%
RE: RE: IMF hikes oil price forecast by 20%I think you're being a bit short sighted. Their immediate production may be hedged in the low $90's, but the vast majority of their in-ground reserves benefit from any and all price rises. These are the figures that matter in a take-out.