Rockhopper Exploration - RKH Stream Log

uii .... just wondering .what is going on ??? -- really big volumes at BOR and (!!!) ARG Is this just General interest in FI or something bigger Happening? KR, KGB

OPEC Oil Supply cut by the looks of things. In the region of 500,000 barrels a day. Good news here

Saudi oil news [link]

Although the main reason RKH was down at these levels was a large degree of uncertainty. With that gone, confidence has returned here by the look of it.

Interesting how this is being played out. Understand the lack of activity on ARG as they need a farm in partner, which could be a big stumbling block. But FOGL sleeping suggests traders playing this at the moment?

Me too. Still waiting. You have to laugh at the price chart. Gap up, beat down for an hour. Very fast move up. Beat down for hours. Very fast move up. Best way to take it up without anyone getting on board. Nice algo if it's yours. Tough luck for the rest of us. Still not happy buying with oil being crushed. FOGL asleep and almost no volume on ARG. Hmmm.

Looks like resistance broken? Moving quickly up and down

Didn't expect this further push into the 82-83p range

I wouldn't be shocked to see further cuts at all. Will be interesting to watch it play out. Have to log off now. All the best mate.

Of course they are US allies and oil price drop can be used as a weapon. Apparently the US used this tactic to destroy the USSR's economy.