Friday, November 21st, 2008

Posts Tagged ‘ Oil News ’

Now Could Be The Time To Nibble On Oil Service Stocks

Nov 7th, 2008 | By Byron King | Category: Featured

Don’t expect oil prices to remain at these low levels for long, says Byron King. Demand weakness for crude is temporary. And oil-producing nations cannot sustain their own economies unless oil prices are close to $100 a barrel. Byron says it could be time for investors to slowly build up a position in oil service stocks.



And Then There’s This…

Apr 10th, 2008 | By Ed Steer | Category: International Investing

In Far East trading, both gold and silver got sold off…starting at the Hong Kong open. However, the bottom was in the moment that London traders showed up for the day. But the real fireworks didn’t start until the New York traders joined the party…then both metals staged huge rallies. This was, of course, on the back of the US$/oil news.