So far buyers and sellers are in balance.I think uptrend will stay if oil goes up further.

Indeed this news was expected.Nice to read that they test the 10.000bpd .With some extra wells they could go above .

I'm not so negative on future right now and it looks not extremely bad but it wil not say we are out of the trouble.Let's see how things evolve for the rest of the year.

Today I met an old schoolmate who's working at VOlVO .He was not so optimistic about the future for the company and fears it could close .Car makers over here are still in trouble together with steel companies..How are things in US and Canada?