sharp decline of oil price caught most of people off guard
发表于 :
2014-12-12 20:41
由 jeepster
There are a lot of traders who borrowed a lot of money based on higher price. A fallout is just inevitable. Let's get ready for hunting
Berkshire Hathaway is acquiring Charter Brokerage, a provider of logistics services to the petroleum and chemical industries, from P-E firm Arsenal Capital
Compared with oil debacle in early 70s, this country are much less depending on fossil oil. The economy wouldn't get hurt that much despite job losses in certain areas like oil service sector
Re: Global Oil Production Cost
发表于 :
2014-12-13 16:34
由 比花花还花
wait for $50 per barrel, then buy oil companies?
I have a little cash in hand, and waiting for another 20% of drop in XOM's share price. Will it happen?