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Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Comment by JohnJBondon Jan 29, 2015 4:25am
171 Views
Post# 23375796

RE:RE:WCP

RE:RE:WCPIt will be interesting to see if it is reduced supply, or increased demand that pulls oil out of this trough.

We all know this is a supply caused problem, so to a certain degree we are looking to evidence of reduced supply as an early indicator of price reversal.

Supply may be quick slow to adjust.

Demand on the other hand seems to be increasing much faster. 
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