In today’s video update Kris looks at the surprise production cuts by OPEC and the impact on the oil price…
When fusion power comes there will be no need for other forms of energy. Oil, coal, hydrogen, solar, it doesn’t matter. Fusion will be the only source of energy we need and use.
I realised how dependant I was — not on the internet or WiFi or smart tech — but on electricity. Without the ‘sparky stuff’, most of my tech was useless. But then I thought to myself, well at least I’ve got battery packs. At that very moment I put another piece of tech on my ‘tech wishlist’.
Some analysts see Tesla as no more than an overpriced car company. That Tesla may be more than that, was revealed by Elon Musk last week, when Tesla revealed its latest innovation — roof tiles.
There are plenty more investors getting these results from The Lazarus Project. I have no doubt that The Lazarus Project represents the best chance you’ll have to double every dollar you invest this year...at least.
Unfortunately for OPEC, their manipulation has started to prove counter-cyclical. The crude oil price surge looks ready to backfire.
Oil and gas exploration and production company Karoon Gas [ASX:KAR] has seen its share price spike over 35% in just over a week. Why did Karoon Gas do this?
just as Saudi Arabia and OPEC’s decision to increase oil production caused the oil price to slump, the apparent decision to cap production has helped boost the oil price.
While the supply story probably won’t end well for crude oil punters in the months ahead, watch out for this week’s ‘informal’ meeting.
Thanks to the supply freeze, global investment bank Goldman Sachs believes that crude oil should be US$10 per barrel higher. If that happens, you could say that crude is in a bull market. I wouldn’t get too excited…