Tue, Sep 2, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

3 Country ETFs to Avoid on High Oil Price

Posted on 03 July 2014

Crude oil prices have been rising over the past few months and are now hovering above the triple-digit mark thanks to geopolitical tensions in the Middle East. A strained relation between the West and Russia for invading Ukraine as well as uncontrollable violence in Iraq have threatened global oil supply disruption.
This is because both the countries are rich in oil and gas resources and are the major suppliers of the commodity. Russia is the world’s largest producer of crude oil while Iraq is the seventh largest producer. The supply crunch in other oil producing countries added to further woes………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36706 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930