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Sure are CanOz! I have now stopped filling my car with a full tank, my last purchase of fuel was only $20 worth as I reckon it is going to fall, subject to where the Aussie dollar goes of course. (Must look at it, haven't done so for a while.)G'day Smurf, I would be surprised if it made it to $80 but it is possible, just. Yes I think it is heading over time to the long term support line which will likely be $20 to $22 and that will then be a triple bounce support line if it holds, which I think it will.I have put up a chart and comment over in the 'Oil Price Discussion and Analysis thread.Oil price discussion and analysis
Sure are CanOz! I have now stopped filling my car with a full tank, my last purchase of fuel was only $20 worth as I reckon it is going to fall, subject to where the Aussie dollar goes of course. (Must look at it, haven't done so for a while.)
G'day Smurf, I would be surprised if it made it to $80 but it is possible, just. Yes I think it is heading over time to the long term support line which will likely be $20 to $22 and that will then be a triple bounce support line if it holds, which I think it will.
I have put up a chart and comment over in the 'Oil Price Discussion and Analysis thread.
Oil price discussion and analysis
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