 Submitted By Serge Voronov
I was unhappy to learn that OPEC ministers said that they would cut production if oil fell below $80. Judging by proven crude oil reserves, OPEC controls 69 to 84% of total reserves, making it difficult to argue with them.I guess that asking for $60 per barrel is probably wishful thinking...
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Submitted By Serge Voronov
I was unhappy to learn that OPEC ministers said that they would cut production if oil fell below $80. Judging by proven crude oil reserves, OPEC controls 69 to 84% of total reserves, making it difficult to argue with them.I guess that asking for $60 per barrel is probably wishful thinking...
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 Submitted By Jack Bass
Oilexco ( trades on Toronto and London)- Joseph Schacter sees $40 - $50 in 2010
There is no question that the advice of an analyst - 300 % profit in two years - is compelling news.
Schacter has his own firm - and it prepares oil and gas analysis for distribution to mutual funds and investors.
His...
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 Submitted By Tom Lydon
It's finally happened: oil reached a record $100 a barrel, sending exchange traded funds (ETFs) for the commodity upward, as well. That old law of supply and demand is what's driving the high prices...
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 Submitted By Gary Tanashian
It remains to be seen what this means for crude, but the XOI is in a bullish ascending triangle stance...
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 Submitted By Jack A. Bass, B.A. LL.B
Initiating coverage with a rating of Outperform, Above Average Risk and a 12-month price target of C$21.00 - based on oil at $70
Investment Opinion...
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Submitted By Gary Tanashian
I see a downside to the high 70's to 80 as very likely. But then again, I have made an illustrious career out of top calling oil...
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 Submitted By Lee Thomas
Few people know about a class of Canadian public companies that trade on the stock market called Royalty Trusts. They trade like normal stocks; however, Royalty Trusts is a special business entity in Canada which receives special tax breaks from the Canadian government. In exchange for these tax...
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Submitted By Tom Lydon
Oil exchange traded funds (ETFs) rose as oil prices soared to a new record of $89 a barrel today after Turkey's parliament authorized an incursion into northern Iraq in search of Kurdish rebels...
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Submitted By Jack A. Bass, B.A. LL.B
The past week has seen a great recovery for Oilexco. It has traded up and down BUT THE IMPORTANT POINTS are this :
1) it trades higher on big volume on the days it goes up AND
2) it trades down on lower volume than up days
3) the drill ship has been in place for almost three months - I expect...
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