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Brent oil was < US$70 in recent weeks to pre Middle East conflict price range. Now, it is heading to > US$80 soon as ceasefire interim MOE “framework” negotiations off the table and over based on Trump’s latest statement. Think logically & rationally.
1.20-1.30 plus was attractive for short selling but 1.13-1.15 will be highly risky unless oil prices spike > US$100 :-| Meg will wait for next opportunities.
Previous hope of sharp share price recovery once global oil prices dropped below pre war price range already dissipated. Gone With The Wind ! Just wait for their QR due out next month. Figures Paint A Thousand Words.