Why should you care? Because the price of oil has an effect on all aspects of the economy. From currencies to shares, to business profits. And if you’re an investor looking for big opportunities, this could be huge.
If we’re right, then there are a few select graphite companies that are set to benefit from this electric vehicle boom. This one is a mining company whose sole focus is the mining and production of natural graphite for the electric vehicle market.
From an investment perspective, there are a few ways to play this gas crisis. Australia desperately needs to develop new sources of gas to supply the domestic market. There are a number of small companies developing their reserves now to do this in the years to come.
Australia has some of the largest gas reserves in the world. But due to regulatory failure and a nasty energy bear market during 2014–16, which saw investment in the sector plummet, we’re now in ‘crisis’. How did it get to this point?
Iron ore rallied in July and August. Yet it has plummeted in the last few weeks after fears that the crack-down on pollution could affect both supply and demand of the iron ore market.
Markets make opinions, goes the old saying. Nowhere is that more true than in the oil market right now. More broadly, the rally in oil prices tells you the global economy is healthy. That should keep stocks moving higher in 2017.
Thinking about big trends and who will benefit from them is crucial to making long term investment decisions. The key question right now for investors is what about the next 10 years? To my mind, I believe a resurgence in Australia’s resources sector as well as opportunities in agriculture, education and tourism.
Oil was the big winner overnight. Brent crude jumped a massive 3.8% to around US$59 a barrel. Yet all I’ve heard over the past two months are bearish stories about the global oil glut and the unlimited production ability of US shale oil. That’s why I’ve been bullish on oil for sometime.
The share price for Sheffield Resources Ltd [ASX:SFX] has gained 10.7% today. What caused the share price hike?
Australian gold miner shares fell after the US Federal Reserve´s meeting yesterday. As predicted, the Fed kept the interest rates on hold at 1%–1.25%.