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Showing posts with label
Oil
.
Show all posts
Showing posts with label
Oil
.
Show all posts
Monday, January 17, 2011
Oil Price
Price $91 at 17-Jan-2011, at high lever as compare with history.
If oil price up, will be good for:
1. electric car (BYD, etc)
2. oil industry, include equipment provider (SembMar)
3. reusable energy (wind, solar)
SembMar
Signed new contracts. Oil price goes upward, world is pushing more supply to ease the threat for economy recovery.
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