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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.