Sunday, January 25, 2015

Will Oil Uncertainty Present an Investing Opportunity?

http://www.foxbusiness.com/investing/2015/01/25/will-oil-uncertainty-present-investing-opportunity/

The article above discuss the issues of failing oil prices and how they have affected several nations in the United Arab Emirates. Though we as American have thoroughly the low gas prices, investors in the UAE are terrified. As oil prices fall to 60$ a barrel, many investors question whether the UAE economy can continue to grow. This has caused the stock for oil prices to fall. Investors have begun selling their stock however, should they be concern this early? The UAE profited largely when oil was 100 a barrel. This created a flourish of cash within the government. As of now there has been no sign of reduce growth. I think the best thing for investors would be to wait and see if prices began to recover rather than making an immediate decision.

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