Oil Prices Are at Iraq’s Mercy – but You Can Profit
On CNBC’s “Closing Bell” program, Dr. Kent Moors discussed his outlook for the strife in Iraq and what it will mean for oil prices.
“I think the situation in Iraq is about to deleverage, and deleverage quickly,” Dr. Moors said. But he also said that certain oil companies were actually benefiting from the recent turbulence in oil prices.
In this video, Kent talks about why this is happening – and names the companies that stand to gain…