Coopec
"you only insured against known risks" - the price of oil dropping is a known risk. its not a given but a risk, thus the term "risk" of it happening
for the last 12-18 months, article after article stated the shale production had caused an oversupply of oil. in my view the risk was there, personally I raise it about 12 months ago when ROC and HZN wanted t merge
TAP Price at posting:
27.5¢ Sentiment: None Disclosure: Not Held
