Wednesday, May 27, 2015

Black Gold, Low-Cost Oil Opportunity

Capitalizing in the oil sector when the price of crude oil is low is a very challenging endeavor. The recent drop in crude oil from $108 per barrel down to nearly $42pb has pulled the share price of most oil related companies sharply lower, thus providing exceptional investment value in some cases.
While the price of crude oil has recovered nearly 50% from March 2015 low with a current oil price around $60pb, crude oil continues to be well below the $95 per barrel 3-year average.
Junior oil shares have seen a wave of panic selling that has many junior shares trading at bargain prices. While this may sound great for long-term investors, selecting the correct companies is no easy task. Let me explain: (more)

Please share this article

No comments:

Post a Comment