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The Future of Oil
By Andrew Mickey
Chief Investment Strategist, Q1 Publishing
“Now is a good time to buy.”
That’s what R.S. Sharma, the chairman of India’s national oil exploration company ONGC, said last week.
Sharma added, “The world financial crisis and slumping oil prices have made energy assets more attractive.”
Is he right?
Well, yes and no. It’s a good time to buy oil. But thanks to a few major changes in the oil industry over the years, a great time is likely on the way.
Oil company shares have been in…
17Nov2008 | Q1 Publishing | Comments Off | Continued
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