InvestorsHub Logo
Followers 81
Posts 2029
Boards Moderated 0
Alias Born 11/09/2013

Re: fung_derf post# 378

Wednesday, 04/01/2015 1:07:51 PM

Wednesday, April 01, 2015 1:07:51 PM

Post# of 914
Believe me - USA fund the bulk of oil projects around the world with exception to open countries which produce 30% of oil reserves - USA is now the worlds biggest oil producer

USA also supply 60% of parts for major compressors and other auxiliary equipment necessary to produce and measure oil production

The majority of oil companies trade on the $ currency

Do the maths, USA wants recovery and will make it work their favor ; the republicans are pushing all resources to lift oil prices and they will. $70 per barrel during Q4-2015 is not impossible, perhaps earlier ~ lcbm
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent HAL News