Guys, do you have any thoughts on oil? What with the OPEC recent agreement? It is expected that oil stocks will rise for the next few weeks. Thus, many people will be selling other stocks (including iron ore) creating downward pressure on their share prices….just to bail into oil stocks....I anticipate decline on the next week. What do you think??
According to the Company`s recent report, for 10M2016 Ferrexpo reduced commercial iron ore pellet production by 4.6%. The owner is at loggerheads with local authorities... I`m going to sell.
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