Tuesday, February 8, 2011

Chaos in Egypt Brings Risk and Opportunity in Oil Stocks

By Dian L. Chu, EconForecast (a Seeking Alpha Exclusive)

The ongoing unrest in Egypt and neighboring countries has kept Brent crude well above $100, and the oil market on edge worrying about more chaos. Now, news just broke on Saturday, Feb. 5 that Egypt halted natural-gas exports through East Mediterranean Gas (EMG) gas pipeline, after a massive explosion at El Arish in Egypt's North Sinai.......Full Article (Free) here

(Republish / reprint with permission from Seeking Alpha)

Related Reading: Crude Oil Spikes Like An Egyptian | IEA Facts on Egypt: Oil & Gas