What you mean pandemic still bad and had worsened? Not sure where is your source of information.
If you check https://www.worldometers.info/coronavirus/ you can see that daily global COVID-19 cases is now 330k cases from 840k cases back in end of April. That's more than 50% less in 6 weeks or so.
All analyst bullish on crude oil price...true! If not KNOW then when another 10 to 20 years crude oil become less popular whereby green energy will be surpassed crude oil, so to make it most valuable (great deal for money)....this is the time. O&G companies must use this opportunities to almost level and prepared to face the future. This is what I'm thinking but analyst first before trade.
Iran and US hold meeting on 10 Jun in Vienna, cause oil retreat from recent high. but i have good faith that this don't affect OG outlook especially Armada
The Age Of Oil Isn’t Over By Tsvetana Paraskova - Jun 07, 2021, 11:00 AM CDT Growing demand in Asia means that the age of oil isn’t over yet, although consumption in developed western economies has trended lower over the past decade, according to Karin Kneissl, a newly appointed director on the board of Russia’s oil giant Rosneft.
“I’ve always underlined that it’s the East that plays the decisive role, not the West. And the energy market is more dynamically developing in the East. And you shouldn’t also discount the African continent,” said Kneissl, who was Austria’s foreign minister between 2017 and 2019.
Armada use to be Blue chip with decent profit and dividend, due to laden debts caused by over expansion and lower oil affect Armada fall debt trap., after few year company manage to recover from his debt obligation gradually
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bullmarket1628
3,711 posts
Posted by bullmarket1628 > 2021-06-05 07:05 |
Post removed.Why?