China’s Massive Oil Deal: Doesn’t Impress Markets…
According to Bloomberg, “Cnooc Ltd. (883)’s analyst ratings have sunk to their lowest level in three years just as the Chinese state-controlled oil explorer prepares to buy Canada’s Nexen Inc. (NXY) for $15.1 billion in a deal that escalates production expenses.” The CNOOC move is seen by many to lead to increased cost-per-barrel. But in a world of growingly scarce resources, this may be the company’s only option.
At The Daily Resource Hunter , we take a fundamentally different approach to research. With our boots on the ground, we travel the world looking for the most lucrative resource, energy, an precious metals opportunities. Each business day we call on our stable of world-class writers and thinkers to show you how to get ahead.
Start your 100% FREE subscription to The Daily Resource Hunter today and you’ll get receive out newest report: “The 4 Easiest Ways to Profit From Oil Right Now.” Simply enter your email address below to get your free report and join thousands of worldwide Daily Resource Hunter subscribers!
We Respect Your Privacy and We will
Never Share or Sell Your Email Address