Sat, May 30, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Oil, Price Watch more

Oppenheimer says betting on higher oil prices may be catastrophic

Posted on 23 January 2014

Oil prices have steadily moved up for years, and the energy trade has been one that has made many investors happy. With production increasing in the United States at a record pace, the energy analysts at Oppenheimer are convinced that the days of $100+ and even $90+ oil are over.
They also believe that the days of tremendous rising revenues and profits at the major integrateds, as well as exploration and production (E&P) companies, may be over as well………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 40705 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31