Santos and oil prices: don't panic

Oil prices are falling, share prices are falling and investor fear is rising. There is much to observe but little to do yet, says Gaurav Sodhi.

While I've been dealing with soiled nappies for the first time Mr Market has been dumping on the resources sector, with anything related to oil hit particularly hard following OPEC's decision to keep pumping the same amount of oil irrespective of prices.

From the tiny to the mighty lower oil prices are being capitalised into valuations suggesting lower prices are here to stay. But is the consensus right?


SMS Code Sent…

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Log in to access this content

Looks you are already a member. Please enter your password to proceed

Hi {{ user.FirstName }}

Verify your mobile number to unlock a FREE trial

Looks like you've already taken a free trial

Please sign up for full access

Updating information

Please wait ...

Related Articles