BTE has traded 9 days below 5 dollars
it may close above 5 today so that would make it 8 days. from a recent conference, news is coming on drilling results using multi zone drilling. Brussa buying stock, hopefully the company is not taken out down here but with todays SU hostile bid, the market is in for one Wild 4tth quarter in the oil market. Of course we should expect Goldman Sachs to talk their book again ... first they tried 20 dollars (maybe), then 45 dollars for the next 15 years, and of course not long ago it was 200 dollars. Famous line is - economists do not set the price of oil, TRADERS do ... and that is very true. CNBC - traders waiting to breach 9m barrels then expect another 4 dollar up day on WTI