GREY:ARWJF - Post by User
Comment by
LeRiche21on Dec 11, 2013 3:30pm
133 Views
Post# 21995964
RE:RE:US oil inventories .......
RE:RE:US oil inventories .......Exciting!
``...
a jump in US oil to 6-week highs of $98.66 on Tuesday after a much larger fall in the country's oil supply of 7.5 million barrels for the week ended December 6 against expectations of a less than 3 million barrel decline.
WTI's discount to global benchmark North Sea Brent has been improving steadily at just under $11 a barrel, halving the $23 gap recorded in December 2012.``
Combined to:
- Imminent increase in production thus profits
- Low debt level getting smaller.
- Relatively small amount of shares in circulation.
Equals:
Imminent share price increase...
IMO, DYODD
GLTA
LeRiche