Wednesday, February 23, 2011

How to Play Triple-Digit Oil

Kent Moors submits:

I'll be on the air again this afternoon, shortly after 2 p.m. Eastern, talking to Brian Sullivan of FOX Business Network. Brian wants my views on events in the Mideast and the continuing surge in oil prices.

But I thought I would fill you in first on what I plan to tell him ? and what I won't tell him about how investors should play triple-digit oil.

The Risk Factor Is Taking Center Stage

We are now looking at the prospect of significant and sustained instability in the region of the world that's home to two-thirds of the known crude oil reserves.

It has already sent shivers through the international energy sector, and the problems are likely to be getting worse.

Brent crude prices in London are closing in on $110; there is no reason to suspect they will retreat anytime soon. Meanwhile, in the U.S., the March futures contract


Complete Story »

GOOGLE GOOGLE FORMFACTOR FISERV FIRST SOLAR

No comments:

Post a Comment