Tuesday 17 January 2017

Oily Stocks. After The Afterparty

Is a current UK top 40 hit for Holland's Charli XCX, taken from her yet to be untitled third studio album which should be released in May.

About a month ago, this blog highlighted the return of the penny oil and gas stocks on Bursa Malaysia.

Stocks such as Sumatec, and Hibiscus are poised to do well even today, on the back of  a weak US dollar, which is helping boost crude oil prices.

Nonetheless, experts are already warning, that after the after partfor the oil and gas sector is over, it might all end so badly.

The scrooge for crude oil is that the US dollar might start rise sooner rather than latter and that the US will pump record levels of shale oil .

For now though, enjoy Hibiscus and Sumatec...