RE:there is no demand for oilare you the same jolanta from advfn, behave. Always negative on stocks.
The price of oil has fallen due to Saudis increasing production and US allowing certain countries waivers to still buy oil from Iran.
Now sanctions are in place the oil price will stabalise and slow ly move back once Opec starts to reduce output.
Everyone knows what is happening, all these energy stocks are dirt cheap, get in one and hold for a couple of months and it certain to increase by 30%.
IMHO