Slugcatcher and that US$300/bbl price tip

NO ONE will ever know if oil bull Pierre Andurand was joking when he Tweeted last week that the oil price might hit US$300 a barrel, but from where Slugcatcher is sitting it looks like he was just using exaggeration to make a point: oil is heading higher, quite a lot higher.

Slugcatcher and that US$300/bbl price tip Slugcatcher and that US$300/bbl price tip Slugcatcher and that US$300/bbl price tip Slugcatcher and that US$300/bbl price tip Slugcatcher and that US$300/bbl price tip

Watching the price predictions from the States Slugcatcher wonders if the rise is good, or bad