SXY 0.00% $4.60 senex energy limited

Kerry, Thanks for this article. A situation I have been...

  1. tui
    6,030 Posts.
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    Kerry,
    Thanks for this article. A situation I have been following closely.

    You should copy this to your Prime Minister and let him know that Australia's oil storage amounts to only 35 days. Well below the 90 days recommended by the IEA.

    The Saudi's had better be careful. They are committing International war crimes through their bombing of Yemen civilians using USA made cluster bombs. Last week the USA had the sense to cease this practice and halt all further production.

    The Middle East is a tinder box. World oil supply could change in a heart beat. Even to the stage that the Australian Govt.would have to incentivise Aussie oil producers to ramp up production.

    Let's hope this madness ceases.
 
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