Supply and Demand
Price are driven by supply and demand. The oil price plummet are greatly contributed from the over supply and lack of demand.
USA has great demand in oil. Its needs has driven the oil price up most of the time. However, since 2014, 2015 the increase of shale production in the U.S has drove the demand lower. At the same time the oil production from OPEC has not reduced the output. This is a major reason for oil price to fall.
Swissco Holdings Stock Price Has Great Correlation with Oil Price
Picture worth a thousand words; has the Swissco stock performance has any correlation with the oil price? True or true? Will see.
August 15, 2016 Swissco Holdings Limited
In a simple sense, the two looks related. Let’s monitor.
Moses Stock Analysis and Scan
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