Tag: energy investing
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Oil prices rise as Russia and Saudi Arabia extend production cuts
The recent rise in oil prices might be to blame for the failure of stock markets to extend their momentum. Oil prices are rising as Summer nears an end and investors are worried that higher prices will translate to an uptick in inflation data. This means hawkish central banks… and the possibility that interest rates…
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Source Rock Royalties (SRR.V): Canada’s only publicly listed junior pure oil & gas royalty play
My readers know that I love royalty and streaming companies. I really do believe it is one of the best business models ever created. Streaming companies give cash to mining companies in exchange for a share of the mine’s future metal sales. Equity Guru writer Lukas Kane summarizes it nicely: It’s like lending someone $10,000…