RE:Bourque and Anticosti - Latest news from La PresseThanks for this update!
Look at the news in Libya - this is certainly going to affect oil markets. IMO there is no political risk premium in the oil markets anymore. Sure oil inventories keep rising but wait until the contango floating storage oil dries up - then I think we'll see enourmous draws from inventories and then the lack of CAPEX spending by the oil industry overall will be quite evident!!!