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Pastimes : Plastics to Oil - Pyrolysis and Secret Catalysts and Alterna -- Ignore unavailable to you. Want to Upgrade?


To: PaperProphet who wrote (53259)4/8/2019 3:08:04 PM
From: the_big_guyRespond to of 53574
 
on another topic, I think that shipping may be finally picking up. Both Frontline (FRO) and DHT Holdings (DHT) are shooting up today. Teekay Offshore (TOO) has moved up nicely recently as well, surprisingly. These are all oil tanker businesses, more surprisingly.

I read an article today that the long-held view that Saudi Arabia could pump oil for $5 to $10/ barrel is a myth. Apparently their cost is $40/ barrel as well.

oilprice.com