The crude oil price has ruled the stock market during the week ended May 23, 2008.
Most stocks will continue to ride up and down as world politicians negotiate prices with OPEC.
There are signs that the United States has lost its clout in this regard.
Companies with domestic energy resources in the U.S. continue to offer great stock values.
Here is a link to an article on this subject:
http://www.stockmarkets.com/blog/the-safe-harbor-of-oil-gas-operations-based-in-north-america
The strongest economies in the world have national stocks in which you can invest.
Here is a link to the energy scene in China:
http://www.chinatrade.com/
Politics in Russia has a strong base in energy. The country has built stable stock values around oil. Here is a link for some investment ideas:
http://www.themoscowtimes.com/article/1038/42/362841.htm
India is more difficult to understand in terms of oil price effects on the stock market. However, here is a link to a stock in which you can invest with relative safety:
http://www.ril.com/html/investor/investor_handbook.html
My core message for today is that you can gain by investing in energy sector stock.
Send an email to
stockway.myview@gmail.com
or post below if you would like to know more.Have a nice Saturday, and please come back to my web log tomorrow.
2 comments:
Energy stocks are the order of the day. In the market the buzz is that crude price would touch $ 150 a barrel in just about 2-3 months time. As of date today, with current crude prices, the inflation rate all over the world is at all time high. Just imagine what would be the inflation rate if the Petrol and diesel price were to go up. Indian experts were saying that if petrol and diesel price were to go up by 1-2 %, the impact on inflation would go up by 25-30 basis points. This would negatively trigger the economy all over the world. Consequently the stock exchanges would crash the world over. I, therefore, do not understand how wise it would be to invest in the energy stocks. In my opinion, if the stock exchanges were to crash, so will the energy stocks. By the way, which energy stocks does the author think could do well in India?
1. Presidents Ahmadinejad and Chavez of Iran and Venezuela respectively, have called for $200 a barrel crude oil price. The fading of U.S. hegemony is reflected partly in crude oil price trends. We should plan not stock investments bases on a $130 per barrel price.
2. Corporations that can sequester coal, and those which are able to manage alternative energy forms in business-like manners, will be able to withstand oil inflation effects on their stocks. Companies that deal in uranium, and who can build plants for this form of power, will gain if the UPA government has its way on the India-U.S. deal before President Bush leaves office. Diversified energy companies such as Shell are also excellent investments. Energy companies in China are also good buys.
3. RIL is the best energy stock in India as long as Communists do not come to power in the country. However, public sector oil companies will become top stock picks once they are freed from the grip of a private refinery.
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