hisah wrote:Crude oil breaks below $50 handle with brent oil also sub 55 and likely to test sub 50. Will the price remain at the basement in 2015. Oil producers will crash their fx reserves at this rate leading to current account deficits. Those with shallow fx reserve pockets face tough economical turbulence. Will OPEC remain intact or will the cartel members start an internal gang fight...
How long will these hold ? this will eventually put the shale producers and a good number of players off and finally supply will be diminished in respect to demand (unless global economy slows down kabisa )
I see AOL and Tullow trading at ***** prices !!!
I should start working on having an account that will make me trade in these shares
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”