ni-co Posted July 31, 2015 Share Posted July 31, 2015 I'd put it into XOM or similar stocks I guess. I think there is still a huge blood bath to be had in the oil industry – a blood bath which the very large multinationals will survive and from which they will come out stronger than before. That said, I think you need to be very patient. Only after Blackstone & Co. will have gotten killed with their oil funds there can be real consolidation. The bad loans in the industry will have to be written down in the end. Link to comment Share on other sites More sharing options...
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