OTCPK:WSRLF - Post by User
Comment by
Pkarabatsoson Mar 14, 2017 6:05pm
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Post# 25979032
RE:Demand growth willhit record levels this year to offset glut
RE:Demand growth willhit record levels this year to offset glutbig picture is this past week weakness due to fear of next round looming price war OPEC leading into Vienna mtg is merely a buying opportunity. fundamentals improving and Rosneft committed and wants in to growing vols. so long technical gearing no major hick-ups, irrelevant oil price right now as will be sold only 2018. all that matters now is green light to go ahead and draw upon funding in Q2. better oil low now as cure while WZ not pumping big time projects yet so they can ride the next full O&G bull market when the complete switch of headlines and rhetoric starts at some point; as always does inevitably :)