I am starting to keep an eye on the pricing for a trade.
late last year, I read that all the Funds were rushing in to buy. As life got busy I never followed and now that I look again, it is at $70.
I was wondering if there were any traders out there that would have some thoughts to share.
I am a newbie to shares and commodities investing, and would like to ask how to take advantage of the currently very low oil prices?
Any advice would be greatly appreciated ... thanks in advance!
Just wanted to raise the current spike in the price of oil as a potential trade that everyone should be either on or looking seriously at.
Obviously most, if not all, of you would be aware of the current situation in the middle east and the disruptions, both realised and potential...
I was hoping someone might be able to explain how the oil price affects some shares. I own Caltex, which is quite a good share, but it fluctuates quite a bit and I am never quite sure if its to do with the oil price or other factors ie. profit taking or US news.
Another stock Woodside...
Oil seems to have gone off everybodies radar for the moment as the price has eased off. But the long term problems have not gone away as this article points out.
For those of you who have investments in the energy sector, I thought I would start a thread on Crude Oil and other Energy Commodities (natural gas, heating oil and gasoline) for discussion.
Just to kick it off: August Crude has generated a sell signal (short term swing) If this proves to be...