zaterdag 4 februari 2012

Gazprom benefiting from Europe's snow: OGZPY

Natural gas prices have been plummeting more than 50% since its peak in 2010 and is attributed to the huge oversupply in natural gas. More and more natural gas has been found while consumption doesn't keep up with supply. But as Marc Faber famously quotes: "The best time to buy commodities is when markets are glutted". This is because the prices are the most depressed during these times. One company that I highly recommend is Gazprom (OGZPY), due to its exposure to natural gas and oil. To see why I recommend to buy Gazprom please go to my article located here: Gazprom benefiting from Europe's snow: OGZPY

It's important to monitor the Russian natural gas price which can be found here:

Notable is that natural gas prices in America are plummeting, while Russian natural gas prices are going up.

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