Not a good decision to short oil related counters as oil is on the uptrend
Palm oil price was 2490 on 2 Mar 16 and 2712 on 22 Mar 16 That was a 9% increase in 20 days
Palm oil price still trending up...
Are you sure you dont know that Keppel Corps and SembMarine are the world number 1 & 2 rigs makers?
There is a big spike in WTI oil price to 40.75usd now
You dont need a rocket scientist to tell you the trainer will reap the millions. I am sure most of the students will be contributing to the trainer'...
To extract shale oil, you DO NOT need a rig. Rig count going up means offshore extraction of oil is beginning to make sense economically. Rig buil...
The real reason why oil price drop? Look at the date when the video was posted and the start of oil plunge from above 100usd in Jun 14
All about Shale Oil
Extracting shale oil needs a rig?
Oil drop to 39.90usd
70 usd is reachable under that contact
Never never short in an uptrend, especially when the price of oil is expected to gap up
WTI is now 39.72 usd