Oil portfolio restructured and back in the money

Though crude oil prices edged up last week, the market remains well below VirtualOil’s original $50 strike price, meaning the hypothetical portfolio’s production is shut in in the spot market again. Oversupply continues while China GDP forecasted growth is slowing. Given the market outlook, the VirtualOil board has decided to [...]

Oil portfolio restructured and back in the money was published on SAS Voices by Ian Jones