World Economy boomed?

[BrilloPad]

Goldman eyes $20 oil as glut overwhelms storage sites - Telegraph

Low oil price = economic growth?

[alphadog]

Low oil price = economic growth?

Unless you work in the energy industry or any industry dependant on it

[BrilloPad]

Unless you work in the energy industry or any industry dependant on it

Some say the growth of the 90s was mostly down to cheap energy.

[DimPrawn]

Probably a good signal to buy oil/oil stocks if Goldman are talking about $20 oil.

Energy in the UK will still be at eye watering prices even if oil was free.....

[BlasterBates]

The lower the drop the bigger the bounce will be. Once there's a load of derelict wells in the gulf the Saudi's will shut the taps and the oil price will then shoot up through the roof.

That's basically their strategy.

[DimPrawn]

The lower the drop the bigger the bounce will be. Once there's a load of derelict wells in the gulf the Saudi's will shut the taps and the oil price will then shoot up through the roof.

That's basically their strategy.

If you can call the bottom of oil (20 to 40 $$$ range) and buy on the dips back up to $150 when the Saudis turn the taps off and ISIS destroy all the oil wells, you could become very rich indeed.

[Andy2]

any decent etf to buy oil ?

[stek]

Don't forget Uncle Vlad is busy *flattening Syrian oil fields in order to bump the price up since the Russian economy is tanking on the current low price.

*sorry, destroying ISIS...

[DimPrawn]

any decent etf to buy oil ?

The Perils of Bargain-Hunting With Oil ETFs - Bloomberg Business

[MrMarkyMark]

Low price for oil and the steady growth of London house prices.

GB's gonna rock

Maybe , we will have enough to keep paying for the Scottish, once they become "independent".