Shell and BP could be a good investment now considering the drop in their share price.
https://uk.advfn.com/cmn/chrt/chrt_wrap ... =1&olx_1=1
But if you look at the daily oil price for Brent and WTI , they are still on the down trend. So may be waiting
and watching are not a bad ideas.
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Where to invest next
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- Lemon Pip
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Re: Where to invest next
"Gas and nuclear industries fight to the end for 'green' EU investment label"
"(Reuters) - The gas and nuclear industries have ramped up lobbying to secure last-ditch changes to European rules defining which investments are sustainable, fearing that exclusion from a new “green” list could deprive them of billions of dollars of funding."
"By forcing providers of financial products to disclose which investments meet climate criteria from the end of 2021, the new EU green finance rules are designed to channel cash towards projects that support the bloc’s climate goals."
- etc https://www.reuters.com/article/us-euro ... SKBN25L0GA
- dspp
"(Reuters) - The gas and nuclear industries have ramped up lobbying to secure last-ditch changes to European rules defining which investments are sustainable, fearing that exclusion from a new “green” list could deprive them of billions of dollars of funding."
"By forcing providers of financial products to disclose which investments meet climate criteria from the end of 2021, the new EU green finance rules are designed to channel cash towards projects that support the bloc’s climate goals."
- etc https://www.reuters.com/article/us-euro ... SKBN25L0GA
- dspp
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- Lemon Slice
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Re: Where to invest next
petroleum1 wrote:Shell and BP could be a good investment now considering the drop in their share price.
https://uk.advfn.com/cmn/chrt/chrt_wrap ... =1&olx_1=1
But if you look at the daily oil price for Brent and WTI , they are still on the down trend. So may be waiting
and watching are not a bad ideas.
This outfit
https://thundersaidenergy.com/downloads/2020-oil-markets-bounding-the-uncertainty/
are predicting a post-COVID upturn in the oil price. You can buy their report for a mere thousand bucks, but the summary says
...in the aftermath of the COVID crisis, as 7.5Mbpd of supply growth has been lost or deferred. The result is steep undersupply in 2021-23 and unprecedently low inventories across the mid-2020s; or in other words, the next industry up-cycle.
There's lots of other interesting stuff relating to energy technologies on their website.
S
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