PTT EXPLORATION AND PRODUCTION PUBLIC COMPANY LIMITED [PTTEP]

I noticed that the oil price were 100$/barrel last year.

Why this year is very cheap

Actually, Cause by the oil price war!! between Saudi Arabia  ,America and Russia.

with regression economy in most country of the world  

Oil prices fell 50% in less than six months.

Saudi Arabia want to the country that petrolium cost more than 50 - 60$ /Barrel go bankrupt. 

But for the rest of the country should be the low-cost group that's OPEC, especially Saudi Arabia.

PTTEP down from the 160-170 to 70-80.

If you patient to wait oil prices coming back to The real price.

Then we will see the return of "PTTEP" again.

CR.  www.pttep.com  www.settrade.com http://www.kgieworld.co.th