What ever price is competertive = the market price $40 or $200
The oil market is termendouse and it takes more than shear speculation to move the price.
But from $140 to $47 in a few months woww its like gold trading at $250 in febuary 2009.
Will it happen ?
Can it happen ?
Well the answer is 20% decline in GB pound in two months yes it can.
Just like barclays was £11 now £1.50 per share.