Saras target reached
Double maximum reached for the oil extraction company, led by Massimo Moratti.
Also thanks to the oil rally, the price reached the very well-defined volumetric level.
The company is not traveling in good water, with the president Moratti who gave up his remuneration as CEO to distribute it to his employees, a nice gesture, but an indication...
+Bullish weekly divergence
+13 July: Saras, which owns Italy's Sarroch refinery, which has been running at around 70% of its capacity since March and had only two of its three CDUs operational, has restarted its T1 topping plant and is currently in the process of restarting its FCC unit.