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nordicroots

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nordicroots

Re: Krombacher post# 306452

Friday, 07/03/2015 1:45:02 PM

Friday, July 03, 2015 1:45:02 PM

Post# of 360863
Speculation on oil prices - might just have a positive impact on demand for oil stocks. A lot of those smaller cap stocks that got hammered as KSA dropped the boom on oil prices could do an about face pretty quickly, even those that are in the exploration phase of the company life cycle like this little explorer ERHC.

Here is an article that discusses a recent visit arranged between the Russians and the Saudis. It will be interesting to watch this play out as we move closer to drilling in Kenya.

http://finance.yahoo.com/news/saudi-arabia-leaving-u-behind-215428719.html
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