Sector Petróleo

[jefedelforo]

Chowder

Having had extensive experience investing in the oil sector in the past (at one time I was 100% invested in oil service companies) I learned the time to invest during the bust cycle was when the rig count started to rise. That indicated an expected rise in demand, which should be an expected rise in performance.This was the first week the rig count has risen and it jumped by 10, which surprised me, I would have expected maybe 2 or 3. What I will do now is wait for next Friday’s report, and if…