OIl still bottoming Ho hum

(Last Updated On: July 21, 2015)
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Oil still bottoming Ho hum

It seems I will stuck with Canadian plays due to the weak Canadian dollar

July 20 — Pira Energy Group Chairman Gary Ross discusses factors impacting the oil market including ISIS and Iran. He speaks with Jonathan Ferro on Bloomberg Television’s “On The Move.”

The oil guru who predicted last year’s rout said $100-a-barrel crude is likely to return within five years as faltering supply fails to meet demand.

To read the entire article, go to http://bloom.bg/1VleK9g

 

U.S. oil fell below $50 a barrel and gold traded near a five-year low after a selloff that’s seen commodities slide to the lowest in 13 years. The dollar held gains, while most Asian shares climbed.

To read the entire article, go to http://bloom.bg/1Gx73lh

 

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