RE:This drop in oilBang on. I'm not exactly pleased that they want to boost Capex in H2. They should be focusing on debt, and guarantee debt free by end of year Not that I think this rout will continue for very long, but it was their previous commitment.
divime1 wrote: is a great reminder to oil companies what will happen if you over produce . The Oil price can drop in a matter of days just like their stock price . They need to add enough production to cover their decline rate and pay out fat dividends .