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Newcastle Minerals Ltd A.NCM


Primary Symbol: V.NCM



TSXV:NCM - Post by User

Bullboard Posts
Comment by LovesAUon Sep 15, 2019 11:36pm
71 Views
Post# 30129645

RE:"Months" To Fix Saudi Oil Facility

RE:"Months" To Fix Saudi Oil FacilityInteresting to note that we only import 9.8% of our oil from Saudi. The refining capacity of Saudi has been cut in half. Interesting that the attacks happen amidst declining consumption and during a season historically noted for weakening demand. I always like to ask, "who benefits?" Just another excuse to shear the sheep. I expect a little pop early this week, but since we were already in an environment of production cuts and declining quotos- doubt the pop will last long before other producers pick up the slack.
Bullboard Posts