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Should You Buy Oil Stocks Amid The Covid-19 Pandemic?
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[QUOTE="Alexandoy, post: 213119, member: 25510"] I think I had read the news about the stocks of oil companies that are still thriving even if there is lesser oil consumed due to the pandemic. In the industrial countries like China the need for oil and coal is still very much felt because of the production in the factories. With the transportation it is still profitable for the oil companies because the public transport is still moving along and the traffic is causing much wastage in fuel. Investing in oil stocks is a good idea for now although I have to admit that my stock investment is only 1 which is the stocks of the biggest bank in our country. I am a newbie in stock trading and in fact I have not experienced trading yet. My stocks are stagnant as of now because I am still waiting for the big dip so I can buy more stocks of the same company. [/QUOTE]
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Should You Buy Oil Stocks Amid The Covid-19 Pandemic?
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