Debt-To-Equity Oil Bankruptcies And Hedge Fund Investing Suggest Oil Price Floor, Industry Rebound | Seeking Alpha
This is a very good article about how the bottom has probably happened for the price of oil. Production of U.S. oil will continue to decline through 2017, and this will gradually diminish the oil surplus. Investors are already getting long on oil because of the light at the end of the tunnel. If you wait until the oil surplus disappears, you will miss out on the oil price rise.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment