On my way back from Hanoi I sit beside an officer from an oil company form Brunei that have gone to Hanoi for an official meeting with oil industries as Vietnam also did a lot of oil drilling. Was shock to learn that within just a week from the last OPEC meeting on 27th November where the OPEC members decided to continue the production of oil even with the oil price continue to drop. Ever since than oil fuel price have decline down to $56 today from $75 than. Many rich people have already start putting up their luxury home for sale.As following the plunge many oil company stock prices have plunge too. The average people will sit and gossip about it. One who is well verse in financial education will see it as a good opportunity. Oil and gold are pledge with the US$ one go down the other will go up as they are at the opposite end of the see-saw. richdadasia
Posted on: Tue, 16 Dec 2014 03:54:37 +0000
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