Wealth Creation Through Natural Resources
A junior mid-continent oil explorer we have been following, Jericho Oil Corp (JCO.V), released an updated reserves evaluation this morning and there are some impressive nuggets within the release; Jericho has increased proven & probable reserves (2p) to 1.24 million … Continued
During the week ending January 20th hedge funds increased short positions in WTI crude oil futures to the highest levels since September 2010: There is an interesting dynamic developing in the crude market: Inventory builds are expected to be huge … Continued