ARAKIS: HIGH RISK OIL PLAY (AKSEF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ARAKIS: HIGH RISK OIL PLAY (AKSEF)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: D.J.Smyth who wrote (9088)	9/2/1998 5:57:00 PM
From: Link Lady	Read Replies (1) of 9164

Oil politics are starting to heat up again on several fronts. Around the world, key oil producing nations are having some political and economic problems that could see supplies tighten. In Indonesia, there has been a return to the rioting that was present during the removal of Suharto several weeks ago. On the Asian front, the deal between Unocal and the Taliban of Afghanistan appears to be in jeopardy. The deal would have seen a $4.5 billion pipeline built by the two parties in order to carry oil from the Caspian Sea. Over in the Middle East, striking workers are grinding down Yemen's oil production levels. This series of mini-crisis in key oil producing nations and regions could help lift sagging oil prices in the short term, and may be a much needed catalyst for the start of a rally in petroleum stocks that have been beaten down over the past year and a half. forums.stockgroup.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next