Tag: penny oil stocks
Time To Buy Oil & Gas Penny Stocks?
A bold statement made last fall by the International Energy Association’s (IEA) Chief Economist, Fatih Birol, is starting to look rather prophetic. At a news conference in London this past November, Mr. Birol said… “We expect in 2015 the U.S. to be the largest oil producer in the world.” Well… according to a new report […]
Small Cap Oil Stocks To Rally In 2014?
Small cap oil stocks are down significantly since the US government reached an historic nuclear accord with Iran in late November. Using the IQ Global Oil Small Cap Equity ETF (IOIL) as a proxy, you can see that shares of small cap oil stocks have dropped by more than 7% since talks with Iran began […]