Jul 5, 2010

Saudis Will Stop Exploring for More Oil

An interesting article on oil, "Saudis Will Stop Exploring for More Oil".

If that is true, oil prices will stage a big rally over the next months.

Related ETFs: United States Oil Fund LP (ETF) (Public, NYSE:USO), iPath S&P GSCI Crude Oil Total Return (Public, NYSE:OIL), Energy Select Sector SPDR (ETF) (Public, NYSE:XLE)