Oil Price shenanigans!10 Feb 2020 18:05
We have been in limbo with op for a very long time...
Trumpy factors then oversupply then lower demands then hedge funds tradings and lately it caught the deadly flu!! And let’s not forget environmental protection as fossil energy is most polluting too...and the rise of renewables energy and hydrogen.
Well I cannot believe all this rubbish anymore as it is quite obviously op has been manipulated and plenty of it in the market probably smuggled cheaply from war torn countries in middle east and corrupt governments and their militias...and the status quo has been maintained to maintain global growth and standards of living in developed countries and other sides are all happy to carry on.
Do we really have any hope Of success investing in oil companies at present time?
The barrel of oil worth a family box of KFC!! Or very near there..