Middle East fighting will eventually affect oil supplies worldwide. South American problems have already caused flows to be reduced. As the billions of people in China improve their economic conditions, demand for oil will continue to increase as the supply stays the same or drops because or world problems.
Wunderlich raises its price target for EMES to $9 from $4
Low water levels at Venezuela’s Guri dam which provide almost 1/2 of the country’s electricity may be forced to shut the dam to avoid turbine damage. This action is likely to curtail oil production and could force officials to transfer a portion of oil exports towards electricity production and diesel generators. Water levels at the dam were 243 metres, with 240 metres being the cut-off point.
Venezuela is about 20 days from a major power disruption and will have to import diesel for electricity production. Expect oil production to continue to decline.
A strike in Kuwait and fire in Nigeria have added to production losses world wide.
Expect oil prices to continue to rise.
PFl 's price is the closest to it's nav of most closed end funds, does this limit this funds price volatility. I was invested in PGP and the stock price swings chased me out of it with a big loss.
OPEC’s attempt to over-produce crude oil for export to crush prices and bankrupt the American shale-fracking oil boom has failed, according to a draft OPEC long-term strategy report seen by Reuters ahead of the cartel’s policy meeting in Vienna on June 1st.
I'm just small potatoes I think, I was in with 250 @$40.08, when it dropped, I bought 2000 $ 2.80, I'm now well ahead. my cost is $6.94. Looking for 60$ oil by December. I lost my ass on CLR, this will make it up esp. if oil goes to 100.
The company can regain compliance at any time during the six-month cure period if on the last trading day of any calendar month during the cure period the company has a closing share price of at least $1.00 and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month. In the event that at the expiration of the six-month cure period, both a $1.00 closing share price on the last trading day of the cure period and a $1.00 average closing share price over the 30 trading-day period ending on the last trading day of the cure period are not attained, the Exchange will commence suspension and delisting procedures.
This site, like my telephone, is used by scammers, the site is not a scam. this site is the message board for this stock.
I bought at $2.68, almost 90%+ happy happy happy! Keep moving, you won't get bed sores.
Just from my experience with Check point in the past, I would NEVER buy software from a company that Installs a re-directer and tracker and then wants you to buy their software to remove it, no thanks Check Point.
Venezuela is the number 12 oil producer in the world, Nigeria is number 13 in the world, both have threats inside their country that have the potential to reduce oil production to near zero. That could be a total of 5,116,000 BBL/day lost