Scotland’s Oil surging bullishly toward $100 per barrel

From Bloomberg via Energy Voice, today:

‘As if the mood in the oil market wasn’t already bullish enough, Brent crude is giving traders another reminder of the days of $100 crude. Prices are headed for a fifth quarterly advance in London — the longest rally since June 2008. This historical echo comes as consumers are once again eyeing supply disruptions and worrying about the availability of backup supplies, just as they were a decade ago when the benchmark hit an all-time high above $147.’

For more on expected revenue and taxation see:

As Scottish oil heads for $100pb will the UK Treasury tax this massive revenue?

And another prediction:





2 thoughts on “Scotland’s Oil surging bullishly toward $100 per barrel

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s