Comments on: Oil: Not as volatile as you might think

By: Rishab Singh Solanki

Rishab Singh Solanki — Fri, 25 Apr 2008 19:44:02 +0000

All this Oil bull run is simply a bubble waiting to burst. When you talk of India China demand, the state run oil companies are incurring heavy losses due to subsidised fuel. Once the Govt. decides to raise fule price, all analysts will be talking a different tune. Oil was good buy when it was 50$, but now at 118-120. Dont these Investment advisers know that it has already run its course. Now to talk of 200$ after it has reached 100$ surely shows that you people are talking greedy. Greed always kill. Thats what happened to your Housing market. Everytime we hear a blast or supply disruption whenever its comig down and suddenly the picture changes. I am sure Oil companies have something to do with this disruptions, as they benefit the most out of these spikes in oil prices and their stock prices. Point is no one sees that. Only word is beware. People have always loose money when ever they pursue things at such abnormal heights.

By: Harry Anderton

Harry Anderton — Thu, 03 Apr 2008 20:17:18 +0000

Unfortunately, buying oil today is kind of like buying a ticket to a sold out concert. It has all been purchased, so we are subject to the whim of the resellers. Unless we can somehow generate a surplus things will stay that way.

By: Joe Jonkler

Joe Jonkler — Mon, 17 Mar 2008 16:51:05 +0000

As a simple businessman am I missing the point here? The average house price wasn’t up by anywhere near 700% on 1998, even at their peak. Thanks to China and India the consumption of oil has risen in those ten years for sure but again not by anything like 700%. At $111 a barrel the last time I checked, it doesn’t follow that at that price it can still be regarded as a long term triple A rated investment. After all they said that about mortgages didn’t they?