UK 11:22 Wednesday, 11 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
In my humble opinion - and I know this will bring a deluge of detractions - oil prices will now recover. And with this happy circumstance, of course, so will the very depressed share prices of some of our old favourites.
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Comments
Striebs
Malcolm ,
The airship analogy is very apt .
On the basis of fundamentals , oil should never have got to over $100 and should never have fallen to $40 .
What surprises me is the huge falls in the last 3 months and last 1 month which seemed to be a precursor to last weeks rises .
Were the falls an over reaction to the U.S. driving season coming to the end ?
Or was it just manipulation by the same people who manipulate Libor and so many other things ?
In future oil downturns I’ll be keeping my powder dry looking for a seemingly inexplicable drop .