5 Oil Companies Ready To Soar In 2018
After a three-year slump, oil is primed for a major take-off in 2018 and 2019. According to John Hess of Hess Oil, insufficient investment in upstream operations due to low prices will lead to a tight market, sending prices higher and higher. The demand for new production was matched with a push for greater efficiency, and greater profitability. Last year, the mantra was “drill baby drill.” This year, it’s “show me the money.” Hess is right. Oil prices are ... Click here to view full article