Q.
Is it a good time to buy oil/energy stocks?
Asked by ankit shivam,
25 May '12 10:51 am
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Answers (4)
1.
5 reasons why to buy oil stocks now
1) they probably will climb a little higher as part of all the peeps pushing the value up.
2) with the current oil market and untability to to the world situation the oil stocks will be high for quite some time so even it is at a hight now it is hard to tell if it really high or not
3) any trouble in Iraq, Iran, Nigeria (which there currently are) will highly influence the oil stocks up to extreme high values, and if it really go into a full scaled war in the middle east it will bring a value jump, and then sell quick quik quik before the markets collapses because all the others who start selling at that moment...
4) The supply of oil is still lower than the demand and the world economic growth based on oil use is still growing.
5) many oil rich nations around the world have peeked their oil production and can't produce much more or are even getting less and less crude oil production for each yer, the supply is getting depleted faster th ...more
Answered by sanjeev, 25 May '12 10:56 am
1) they probably will climb a little higher as part of all the peeps pushing the value up.
2) with the current oil market and untability to to the world situation the oil stocks will be high for quite some time so even it is at a hight now it is hard to tell if it really high or not
3) any trouble in Iraq, Iran, Nigeria (which there currently are) will highly influence the oil stocks up to extreme high values, and if it really go into a full scaled war in the middle east it will bring a value jump, and then sell quick quik quik before the markets collapses because all the others who start selling at that moment...
4) The supply of oil is still lower than the demand and the world economic growth based on oil use is still growing.
5) many oil rich nations around the world have peeked their oil production and can't produce much more or are even getting less and less crude oil production for each yer, the supply is getting depleted faster th ...more
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Answered by prachi, 18 Jun '12 01:03 pm
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