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MysteriousPersian
Sep 20, 2019 2:16 AM

Long the Iran Saudi war Long

Crude Oil (WTI)FXCM

Description

Tensions are climbing in the middle east and they are climbing fast. Accusations have been made and whether or not they were responsible for the attack, there is a giant target on Iran right now. With all the crap going on in the world, Deteriorating middle east is not far fetched. I sure hope it does not happen but it's looking inevitable.

A conflict of this scope would seend oil prices soaring. Might as well take advantage of it.

Some good oil stocks to look at such as VET, CJ, CPG, MEG, etc (bold tickers for good dividends)

Comment

CVX and XOM are also large oil companies with good dividends and historical performance. I'm a fan of small-cap for volatility and small-cap oil stocks are in the dumpster right now waiting to be collected
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