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JR-Ewing

OPEC Decision does not spell disaster for AIM Oil Companies..

By Chris Oil | Sunday 30 November 2014


 


I read with interest my friend Ben Turney’s post OPEC bear view on the oil price and stocks HERE. I disagree with him and my initial economic reasoning is that lower oil prices will see heavily indented US fracking firms wiped out so restoring a supply demand balance. 

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