Equity Research, Broker Reports, and media content on BORDERS & SOUTHERN PETROLEUM

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Research, Charts & Company Announcements

Research Tree provides access to ongoing research coverage, media content and regulatory news on BORDERS & SOUTHERN PETROLEUM. We currently have 11 research reports from 1 professional analysts.

Open
4.74
Volume
0.2m
Range
4.36/4.74
Market Cap
23m
52 Week
1.43/5.00
Date Source Announcement
02Feb17 16:35 RNS Price Monitoring Extension
23Jan17 16:35 RNS Price Monitoring Extension
10Jan17 16:35 RNS Price Monitoring Extension
30Nov16 16:35 RNS Price Monitoring Extension
28Nov16 16:35 RNS Price Monitoring Extension
23Nov16 16:40 RNS Second Price Monitoring Extn
23Nov16 16:35 RNS Price Monitoring Extension
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Latest Content

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Oil & Gas - Incorporating new macro forecasts

  • 14 Jul 16

In a surprise outcome, OPEC and non-OPEC producers failed to reach an accord at a summit meeting in Doha yesterday. The apparent cause of the failure was Saudi Arabia's refusal to accept a deal without some sort of commitment from Iran. While a freeze deal was always likely to leave questions over what oil price was justified by current supply/demand balances and inventory levels, this outcome demonstrates the deep schism within OPEC and removes hope of potential producer action to curb output. Markets are rebalancing, so although oil is likely to come under pressure, the immediate damage may be limited. However, this outcome suggests that market forces alone are going to set the price for the foreseeable future and that leaves open the likelihood of more volatility and the potential for more downside.