On Sunday, December 4, OPEC+ will meet to discuss future oil supply measures. Here are the details. So far, analysts seem to expect supply cuts. The price of oil has dropped below $80/barrel twice in the last three months. Here's a chart … |
We feel like a broken record over here. But patterns repeat in the market, so we have no trouble repeating ourselves … Higher oil prices translate to higher revenue for major players. And when Russia first invaded Ukraine, which led to global sanctions, we saw low-float tickers shoot up +1000%. Look at this chart of Houston American Energy Corporation (AMEX: HUSA), it ran from $1.43 to $16.61 in three days and the float is only 9 million shares …
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