NYMEX (WTI) Light Sweet Crude Oil is the world’s most liquid and actively traded crude oil futures contract.
It’s a mugs game, attempting to divine short term price moves in some of our more geopolitically sensitive commodities. Take gold for example…
Today’s markets are nearly impossible to predict. Take oil for example: The Middle East is a ticking time bomb, and production out of Venezuela, Iran and Libya is plummeting. One would expect firmer prices, but, instead, we get a violent break to the downside.
Legal cannabis has had a wild ride on the public markets: while some cannabis companies were being valued at 20x sales, operators in other sectors like energy and resources saw their market caps shrivel.
In a recent Equity.Guru offering, we asked: “Shouldn’t our reliance on fossil fuels be tapering off by now?”
Permex Petroleum (OIL.C) is raising funds through a non-brokered private placement, fulfilling the first of its three priorities in 2019.
The OILs: International Frontier (IFR.V), Renaissance (ROE.V), Jericho (JCO.V), and Permex (OIL.CN) – a Guru Update
The volatility in oil continues. ‘Manic’ might best characterize trading in recent sessions
This Monday has brought big news in the resource sector: Ceylon Graphite (CYL.V) secures DTC eligibility for US shares, Permex Petroleum (OIL.C) earns a high-profile media mention and Nexus Gold (NXS.V) is the subject of a report by a New York consulting firm.