Tag: Permex Petroleum
-
Fortunes won and lost in Oil’s recent volatility
NYMEX (WTI) Light Sweet Crude Oil is the world’s most liquid and actively traded crude oil futures contract. If you think you know oil, and you fancy yourself a nimble trader (and are looking for some pick-your-jaw-off-the-floor price action), the “Texas light sweet” WTI contract—ticker symbol CL—is the most efficient way to trade this madhouse…
-
Permex Petroleum (OIL.CN): a deeply undervalued Permian Basin focused oil and gas opportunity
In a recent Equity.Guru offering, we asked: “Shouldn’t our reliance on fossil fuels be tapering off by now?” For some, the logical answer is “yes”, but it’s not that simple. We answered this query the following way: Fossil fuels are finite. Hydrocarbons take hundreds of millions of years to form, and once drained from their…