Improving consumer demands have successfully raised the strength of the U.S dollar and this has resulted in the fall in the price of the oil to a low $70.
However, I will personally still hammer hard on my investment in oil because the demand in oil is going to rise for sure in the future. Experts forecasted that the growth of oil will be by 130,000 more barrels a day.
Not to forget, every single activities are compelled to use oil for their operations, ranging from infrastructure building, housing, hotels, airlines, railways, casinos, corporations. It is imperative that we use oil for our daily operations without a shadow of a doubt.
Hence, with stable and reliable demand for oil, there is no reason not to invest in oil now given that the price is low now. This long term investment will definitely pay off with fruitful profits.
Credit -marketwatch, -lugar, -istockphoto
Hi.
ReplyDeleteThanks for dropping by and taking time to propose and suggest that idea. Sounds great to me. I will link you up in my blog and will drop by to click on ur ads as frequently as i can cos when i'm in office i can't surf on sites that's not related to work. Yeap they are very strict. Will do that if i happen to blog a new entry or if i reach home early to turn on my pc.. that's for sure.
Once again, thank u and nice meeting you in this blogosphere.
Merry Christmas! cheers :)
Hey nice meeting you as well.
ReplyDeleteI poignantly look forward to this collaboration.
By the way, may i have your email address?