Oil keeps dropping as market continues to telegraph moves down

Malcolm Graham-Wood Independent Analyst

As predicted the oil price is continuing to head southwards as goons around the world telegraph their innermost worries for all to see. Accordingly which respected wheeler dealer wouldnt partake of a touch of short selling, safe in the knowledge that with three weeks to go to the conference uncertainty would prevail? The stories yesterday werent actually that bad, just various group members suggesting that whilst an extension is on the cards, further cuts were unlikely, beware as they say, careless talk costs er, money…

Author

Malcolm Graham-Wood

Independent Analyst

Malcolm Graham-Wood started his City career as a trainee analyst at Wood Mackenzie and then cut a swathe through a number of broking houses, all the time building up his knowledge and love of the upstream oil and gas industry incl

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