OEX 0.00% 0.2¢ oilex ltd

oil price still 84 bucks a barrel..

  1. 5,609 Posts.
    given the current US$ oil price..it still equates to A$84 per barrel. The drop in the currency has off set a lot of the drop in the oil price. Just focusing on the oil price is not the whole story for oex. The production price for oil in India could be $10 per barrel or even less. Nice mark up. dyor
 
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