Oil Investments Spike As Investors Rush To Buy Into The SectorRupert Hargreaves
It’s fashionable to get into Oil Investments, once agaun. According to Bloomberg and OilPrice.com, after a record year of oil patch bankruptcies, investors are now pouring money back into the oil sector. Both oil industry services and producers and explorers are benefiting from the renewed interest from investors.
Indeed, according to Bloomberg in January alone drillers and oilfield service companies raised $6.64 billion in 13 different equity offerings. Throughout the whole of 2016, a little more than $2 billion was raised. Of the $9.4 billion in new energy equity issued across the globe during January, US . . .
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