Hi People, I’m a newbie to the market and have only started trading over the last two months. Obviously a volatile period to venture in, so despite all my own research and reading a lot of posts on here the swings of opinion on what will or should happen are just as divisive. I’ve been holding back on buying oil stocks because I assumed given the current global situation there would be a glut and prices would decline. We had a bump last week yet everything I’m reading, (despite a reduction in production) is that there will be another dump of oil futures around May 20th due to a virtual complete lack of storage. So my question is if you had $20K to put into oil would you be buying OSH or WPL ?
or you may have another suggestion
Please go easy on me with your response, I see some people can be pretty harsh at times.
- Forums
- ASX - General
- Oil Stock Opinions Please
Hi People, I’m a newbie to the market and have only started...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)