Executives from several US energy giants such as Western Petroleum, Chevron, and Continental Energy spoke out intensively on Monday. Many companies chose not to increase production even as oil prices approached $100, claiming that US energy policies were incoherent and hindered oil production. $西方石油(OXY.US)$, which Buffett has invested heavily in, say they will still maintain stable oil production. Chevron CEO Mike Wirth said that US en...
Noah Johnson楼主103929176:
Good point!I do think so. The increase in oil prices will drive up agricultural product prices, which will in turn drive up agricultural stock prices.
103929176 : Will the rise of oil price prompt the rise of agricutural stock price?
Noah Johnson楼主 103929176: Good point!I do think so. The increase in oil prices will drive up agricultural product prices, which will in turn drive up agricultural stock prices.