Sunday, April 15, 2018

Will oil stocks tank due to Bahrains new find?

Two weeks ago Bahrain reportedly found an estimated 80bn barrels of oil (http://abcnews.go.com/International/wireStory/bahrains-largest-oil-find-estimated-80-billion-barrels-54226857)

Just a few months ago i put a significant sum of money into Chevron and Exxon. This find makes me worried that this massive increase in supply will have a negative impact on other oil companies. Wondering if i should pull out and put my money somewhere else or if the market will remain the same.



Submitted April 15, 2018 at 03:18PM by Theevilgreger https://ift.tt/2H3lFSn

No comments:

Post a Comment