We know that whenever oil prices move up, so do their stocks.
Now, some experts are saying that oil production is going to peak in three years…I mean it’s all downhill from then on !
But what about the demand? The demands not going to slow down.
Also, China needs a huge quantity to meet its booming infrastructural needs.
Add to that growing vehicles in India & other South Asian countries.
Now which oil stocks should you go for?
-the behemoths, the midcaps, or the smaller ones.
Stick to the midcaps…..because the big ones might not be able to manage with logistical problems. Amongst the smaller ones, though showing initial promise, many might not be able to cope with smaller capital.
