Tech Giants Could Send Helium Prices Soaring as War For Supply Grows

futbolista Adolfo Ledo Nass
El guardameta de Boca Juniors, Esteban Andrada, dio positivo a la prueba de covid-19 y es duda ante Barcelona

That’s when the United States Bureau of Land Management (BLM) will auction off all remaining helium reserves in their possession, which could do away with the price ceiling keeping the lid on the market today

Home Oil Prices Rig Count Energy Energy-General Oil Prices Crude Oil Heating Oil Gas Prices Natural Gas Coal Company News Interviews Alternative Energy Nuclear Power Solar Energy Hydroelectric Renewable Energy Geothermal Energy Wind Power Fuel Cells Tidal Energy Biofuels Environment Global Warming Oil Spills Geopolitics Africa Asia Europe Indonesia International Middle East North America South America Video Breaking News Premium Articles Community Trade Now My Account Latest Discussions Energy General Oil Stocks & Prices Other Energy Topics Trade Now Get Exclusive Intel All Prices OPEC Blends Canadian Blends U.S. Blends WTI Crude • 10 mins Sell Buy 64.63 +0.14 +0.22% Brent Crude • 1 hour Sell Buy 67.56 +0.80 +1.20% Natural Gas • 13 mins Sell Buy 2.962 -0.004 -0.13% Heating Oil • 12 mins Sell Buy 1.962 +0.010 +0.51% Gasoline • 10 mins 2.125 +0.024 +1.14% Louisiana Light • 4 days 65.40 -1.55 -2.32% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Louisiana Light • 4 days 65.40 -1.55 -2.32% Bonny Light • 4 days 64.99 -1.29 -1.95% Opec Basket • 4 days 65.42 -0.29 -0.44% Mars US • 1 hour 64.34 +0.66 +1.04% Gasoline • 10 mins 2.125 +0.024 +1.14% Click Here for 150+ Global Oil Prices

Start Trading CFDs Over 2,200 Different Instruments

Click Here for 150+ Global Oil Prices

Marine • 18 hours 64.24 -1.16 -1.77% Murban • 18 hours 64.88 -0.97 -1.47% Iran Heavy • 4 days 61.72 -1.05 -1.67% Basra Light • 4 days 66.07 -1.63 -2.41% Saharan Blend • 4 days 65.45 -1.25 -1.87% Bonny Light • 4 days 64.99 -1.29 -1.95% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Bonny Light • 4 days 64.99 -1.29 -1.95% Girassol • 4 days 65.73 -1.51 -2.25% Opec Basket • 4 days 65.42 -0.29 -0.44% Click Here for 150+ Global Oil Prices

Start Trading CFDs Over 2,200 Different Instruments

Click Here for 150+ Global Oil Prices

Canadian Crude Index • 18 hours 52.58 +0.66 +1.27% Western Canadian Select • 8 hours 50.73 -1.43 -2.74% Canadian Condensate • 17 hours 62.58 -1.43 -2.23% Premium Synthetic • 17 hours 63.98 -1.43 -2.19% Sweet Crude • 8 hours 60.18 -0.68 -1.12% Peace Sour • 8 hours 58.33 -1.43 -2.39% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Peace Sour • 8 hours 58.33 -1.43 -2.39% Light Sour Blend • 8 hours 59.18 -1.43 -2.36% Syncrude Sweet Premium • 8 hours 63.08 -0.93 -1.45% Central Alberta • 8 hours 58.33 -1.43 -2.39% Click Here for 150+ Global Oil Prices

Start Trading CFDs Over 2,200 Different Instruments

Click Here for 150+ Global Oil Prices

Louisiana Light • 4 days 65.40 -1.55 -2.32% Domestic Swt. @ Cushing • 18 hours 61.00 -0.50 -0.81% Giddings • 18 hours 54.75 -0.50 -0.90% ANS West Coast • 5 days 68.18 +1.19 +1.78% West Texas Sour • 18 hours 58.44 -0.52 -0.88% Eagle Ford • 18 hours 62.39 -0.52 -0.83% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Eagle Ford • 18 hours 62.39 -0.52 -0.83% Oklahoma Sweet • 18 hours 61.00 -0.50 -0.81% Kansas Common • 4 days 53.75 -1.50 -2.71% Buena Vista • 4 days 69.92 -1.43 -2.00% Click Here for 150+ Global Oil Prices

Start Trading CFDs Over 2,200 Different Instruments

Click Here for 150+ Global Oil Prices

1D 1M 3M 1Y All Charts Products Discussion Headlines 35 mins Iraq May Buy Exxon’s Stake In Major Iraqi Oilfield 3 hours Iran Aims To Raise Oil Exports To 2.5 Million Bpd Once U.S. Sanctions Are Lifted 3 hours India’s COVID Crisis Hits LNG Demand 5 hours Venezuela Releases Citgo Oil Executives From Jail To House Arrest 8 hours 18% Of EV Drivers In California Switched Back To Gasoline Cars 9 hours China Gas Demand Set To Accelerate 1 day Argentina’s Shale Output Set To Normalize After Roadblocks Are Lifted 1 day EIA: Jet Fuel Demand Is On The Mend 3 days Angola And Zambia Sign $5 Billion Oil Pipelines Deal 3 days Scientists: Bacteria Could Be Used To Source Copper 3 days Oil Trading Giant Looks To Enter The Permian Through Major Asset Sale 3 days Chesapeake Considering Texas Asset Sale 4 days Shell Raises Dividend As Q1 Earnings Jump On Higher Oil Prices 4 days U.S. Oil Imports From OPEC Plunge To Lowest Since 1973 4 days Mexico’s Private Oil Companies Could Add 700,000 Bpd By 2030 4 days Senate Reinstates Methane Emission Rules For Oil, Gas Industry 5 days Major Chinese Investors Could Buy Stake In Aramco 5 days Oman’s National Oil Firm To Sell Off Assets To Fund $8 Billion In Spending 5 days Brent Crude Loadings Could Stop If Workers Go On Strike In Mid-May 5 days Alberta Wins “Turn Off Oil Taps” Court Battle 5 days Uganda Set To Launch Tenders On Massive Oil Project In December 5 days BP Resumes Buybacks After Q1 Profit Triples 5 days Canada’s Oil Sands In Trouble As COVID Cases Soar 5 days Biden Administration To Provide $8.25 Billion In Grid Improvement Loans 6 days U.S. Oil Inventories Rise Beyond Expectations 6 days Oil Refiners Vs. Biofuels Clash Ends Up In Supreme Court 6 days Pandemic Triggers Worker Shortage At Indian Refiners 6 days Brazil Reports 6% Oil Output Decline In Q1 6 days Tanker Collision Off Major Chinese Hub Causes Million Barrel Oil Spill 7 days OPEC+ Concerned About India’s Oil Demand 7 days Nordic Oil Firm Sells World First Certified Carbon Neutral Oil 7 days Canada Fights To Save Line 5 From Shutdown 7 days Total Forced To Halt $20B Mozambique LNG Project After Militant Attacks 7 days Lawsuit Claims Petrobras Ordered Murder Of Shell Exec And His Wife In 2003 7 days Three Killed In Attack On Oil Tanker Off Syrian Coast 10 days New Court Verdict Imperils Dakota Access Pipeline Again 10 days Houthis Claim Drone Attack On Saudi Aramco Oil Facility 10 days Two-Thirds Of Americans Are Interested In Electric Vehicles 10 days Venezuela Ups Domestic Oil Refining, Hurting Crude Exports 11 days Refiner Valero: U.S. Renewable Diesel Stocks Are Running Low 4 mintues Texas forced to have rolling brown outs. Not from downed power line , but because the wind energy turbines are frozen. 7 minutes Forecasts for oil stocks. 9 minutes Biden’s $2 trillion Plan for Insfrastructure and Jobs 13 minutes European gas market to 2040 according to Platts Analitics 1 hour GREEN NEW DEAL = BLIZZARD OF LIES 1 hour *****5 STAR Article by Irina Slav – “The Ugly Truth About Renewable Power” 2 hours U.S. Presidential Elections Status – Electoral Votes 1 day America’s pandemic dead deserve accountability after Birx disclosure 20 hours Americans are not agreement capable. 1 day Joe Biden’s Presidency 1 day Battery storage 30% cheaper than new gas peaker plants, Australian study finds 4 days New Chinese Coal Plants Equal All those in U.S.A Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Breaking News: Iraq May Buy Exxon’s Stake In Major Iraqi Oilfield

Find us on:

The Supreme Court Case That Could Change Everything For U.S. Pipelines The PennEast Supreme Court hearing…

IEA: Electric Vehicle Sales Are Soaring Globally Worldwide sales of electric vehicles…

The Port City That Could Become Europe’s First Big Hydrogen Hub Emboldened by the European Union’s…

Home Energy Energy-General Arakan Okada

More Info

Share Facebook Twitter Linkedin Reddit Premium Content Tech Giants Could Send Helium Prices Soaring as War For Supply Grows By Arakan Okada – May 03, 2021, 6:00 PM CDT Join Our Community It’s a global issue that could soon disrupt every industry from technology to medicine and much more.

With the global supply of one commodity at its lowest level in years… while demand is spiking to all-time highs…

It could send prices for this much-needed resource higher yet.

Already, prices had been steadily climbing in recent years.

Source: Bureau of Land Management, USGS

But one small company, Avanti Energy ( TSX: AVN.V ; US OTC: ARGYF ) , has seen its share price increase more than 2.5x over just the last few months.

Those recent gains are greater than many of those companies filling the headlines today.

Now, an event set to take place in September 2021 has the potential to send helium prices to the next level.

That’s when the global supply of this rare gas could nosedive by as much as 10%.

And that’s why some of the biggest media outlets in the world are finally starting to take notice.

Forbes is saying , “Helium is soaring on red-hot demand, shrinking supply.”

CNBC points out , “The worldwide helium shortage affects everything from MRIs to rockets.”

And the Wall Street Journal is saying, “The gas is crucial in high-tech and medical device manufacturing […] operations.”

With top media outlets now turning their attention to this supply squeeze, it’s clear that the world is facing a potential shortage.

You see, helium is about far more than party balloons.

Big Tech companies like Amazon, Alphabet, Facebook, and many others all rely heavily on this valuable gas.

Because it has the lowest boiling point of any element, it can bring temperatures to lower levels than even liquid nitrogen.

That’s incredibly important when you’re keeping electronics from overheating.

This is crucial for Big Tech’s data centers, as they run around the clock, crunching more data than ever. It’s essential for creating computer chips we rely on in every computer and smartphone we own. And the health sector requires them to cool the magnets inside MRI machines. Helium even plays a critical role in space exploration, quantum computing, and nuclear power.

In today’s high-tech era, it’s needed nearly everywhere you look.

That’s why it’s such a concern that supply levels are reducing to the lowest level we’ve seen in years.

Those in the medical field even went as far as to ask balloon retailers to give up 10% of the helium supply recently to help address the shortage.

If helium levels run out altogether, the effects could be very expensive.

Imagine the impact on fiber optic cables for high speed internet. On cell phones or computers. On MRIs. And even on airbags for our cars.

That’s why this precious gas is now much more valuable than natural gas, at prices of $14.6/Mcf versus just $2.80/Mcf.

And that’s great news for little-known helium exploration companies like Avanti ( TSX: AVN.V ; US OTC: ARGYF ).

The junior mining company has already seen shares soar over 2.5x in just three months.

Source: Beacon Securities Limited

But with the looming deadline of the September 2021 event, Avanti Energy ( TSX: AVN.V ; US OTC: ARGYF ) seems to be on the right track.

World Class Team Jumping On A Massive Opportunity

Avanti recently acquired the license for 6,000+ acres of land in Alberta, Canada that the experienced team says is highly prospective for helium.

Source: Beacon Securities Limited

Around the world, most of the largest supplies of helium have had one thing in common.

They were discovered in areas where there’s been drilling for natural gas.

That’s a major reason why Avanti has targeted the site where the government of Alberta previously explored for oil and gas wells.

So we think it already fits the criteria from that angle.

But it’s also positioned in an area where there’s been multiple drill system tests with analyzed natural gas.

And it’s got the potential to be high-grade gas as well.

When it comes to commercially viable grades of helium, experts consider anything from 0.3% to 1% helium to be high-grade.

But on the Alberta property, historical drilling is reported to have showed up to 2.18% helium in some locations.

We think this could have tremendous implications for supply if the hoped for discovery in Alberta pans out as Avanti’s team is expecting.

For prospective helium plays like these though, even when there’s great potential, many fall apart just due to poor leadership or lack of experience, in addition to other reasons.

That’s why it’s essential to only back projects led by teams that have already proven they can deliver the goods.

And that’s exactly what we think Avanti Energy ( TSX: AVN.V ; US OTC: ARGYF ) has on their side.

Team of Experts with a Proven Track Record

Their world-class management team was responsible for identifying and developing one of the largest oil and gas discoveries in all of North America.

That’s where they helped discover natural gas in the Montney, which has been producing almost 300,000 boe/d over the past 15 years.

And now, Genga Nadaraju, Dr. Jim Wood, and Ali Esmail have keyed in on the Alberta property because of the incredible potential they’ve seen there.

They’ve probably already developed a plan for identifying the structural traps and high points for drilling.

But many are eagerly waiting to see how these world-class experts will do it.

They’ve already revealed that they’re pursuing an 80-20% targeted model approach.

The 20% will follow standard industry conventional strategies.

But the remaining 80%, which could be the key to helping unlock the opportunities at the Alberta property, is being kept strictly confidential.

It’s expected that they’ll plan to follow their own models, just as they did at the Montney.

And they’re hoping they’ll see similar results with another world-class discovery in their new property, this time of a different kind of gas.

Expanding Quickly Throughout North America

With such a highly-respected team behind this project, it’s beginning to draw attention within the industry.

That’s especially true after Avanti moved to grow their land package across the border into the United States earlier in April.

They’ve entered into an LOI to add another 12,000 acres of land in Montana to this already impressive land package in Alberta.

And they’re supposedly eyeing another roughly 55,000 acres around the midwestern United States with potentially very large helium reserves.

Altogether, they’re said to have identified around 20 additional proprietary targets around Alberta, Saskatchewan, and Montana.

And over the coming months, they’ve made clear that they are planning to aggressively start acquiring more land to build a long-term pipeline of opportunities and projects.

That’s massive news as the supply squeeze for helium has a lot of different industries seeking what Avanti is looking to be able to supply.

And once the Helium Stewardship Act expires in September 2021, that’s only expected by some experts to push helium prices higher.

That’s when the United States Bureau of Land Management (BLM) will auction off all remaining helium reserves in their possession, which could do away with the price ceiling keeping the lid on the market today.

Avanti Energy ( TSX: AVN.V ; US OTC: ARGYF ) is in a good position to cash in if they achieve the discoveries they’re aiming for as they assemble a growing property portfolio that’s highly prospective for helium.

Now, with the success of this tech boom riding on companies like Avanti discovering and producing more helium in the coming months, the potential upside looks good to us.

So how does Big Tech use helium, anyway?

It’s used primarily for cooling in fiber optic manufacturing and semiconductor manufacturing. That means that companies with massive data centers like Google, Facebook and Microsoft are distinctly dependent on this rare gas.

Here is a little more on how it affects the largest tech companies in the world:

Facebook (NASDAQ:FB), as one of the world’s largest companies, has completely changed the game for energy use in the tech world. It has taken a particularly innovative approach in creating a more sustainable future and has become an example for the entire industry. Its data centers are some of the most energy-efficient – and water-efficient – in the world. And that’s largely thanks to helium.

Though Facebook may not have a ton of data centers compared to some of its tech peers, the facilities it does have are massive, and expanding every year. And as the tech giant continues to expand, it is facing increasing scrutiny to do it in a sustainable manner. That means less fossil fuel energy usage, and perhaps most importantly, less water waste. And that’s where helium comes in. The noble gas’ coolant ability is highly desirable for companies like Facebook. In fact, the heat transfer marketplace accounts for almost 10% of the world’s helium production. 

Not to be outdone, Google (NASDAQ:GOOGL) is rethinking how we approach energy use entirely. Despite being one of the largest companies on the planet, in many ways it has lived up to its original “Don’t Be Evil” slogan. Not only is Google powering its data centers with renewable energy, it is also on the cutting edge of innovation in the industry, investing in new technology and green solutions to build a more sustainable tomorrow.

Its focus is on raising the bar for smarter and more efficient use of the world’s limited resources. It is building sustainable, energy-efficient data centers and workplaces. It is also harnessing artificial intelligence to utilize energy more efficiently.  

Google had 21 data centers in 2020. These massive computer-filled warehouses fuel everything from web searches and advertising to its cloud services. And Google’s data centers are no joke. While they’re mostly environmentally friendly, they do have a hidden cost – water. And that’s exactly why helium use is on the rise.

Microsoft (NASDAQ:MSFT) is also in the sustainability race, and in turn, will likely become an even bigger consumer of helium in the years to come .  Not only has it always been on the cutting edge of innovation, it’s taking a serious stance on the climate crisis. In fact, it’s pushing so hard that it is aiming to be carbon NEGATIVE by 2030. That’s a huge pledge. And if anyone can do it, it’s Microsoft.

With over 160 data centers across the globe, Microsoft is becoming increasingly dependent on emerging tech, and the use of new coolants, including helium, to maintain its cloud services. And with its sustainable pledge front-and-center for the whole world to see, Microsoft needs this crutial gas more than ever.

Data centers aside, Facebook, Microsoft and Google are all reliant on the internet…and semiconductors as well. Without these technologies, they literally do not have a business. And as these tech giants continue their respective quests for growth, their use, whether direct or indirect, of helium will continue to grow. And that’s great news for companies like Avanti.

Other energy plays to keep an eye on:

As demand for energy continues to explode in a post-pandemic China, CNOOC Limited (NYSE:CEO, TSX:CNU) will likely be one of the biggest winners in this boom. It’s the country’s most significant producer of offshore crude oil and natural gas and may well be one of the most controversial oil stocks for investors on the market. A label that has nothing to do with its operations, however.

Just last month, U.S. regulators announced their intention to de-list Chinese companies from the New York Stock Exchange, going back on their announcement just a few days later. The sustained negative press surrounding Chinese companies, however, has put CNOOC in an uncomfortable position for investors. While many analysts see the company as significantly undervalued, it is still struggling to gain traction in U.S. markets.

Teck Resources Limited (NYSE:TECK, TSX:TECK.B) is one of the world’s largest and most diverse resource and mineral companies. And it isn’t going to miss out on the global energy transition, either. While its primary mining and mineral development plays focus on steelmaking coal, copper and zinc, Teck also has a major stake in renewable projects with massive potential.

Explaining why investment in the new-energy industry, Teck states, “Flow batteries – such as the zinc-air battery developed by ZincNyx, with its flexible and low-cost scaling, long-term storage properties and the ability to separate the energy storage function from the power generation source – could provide a more efficient alternative for large-scale energy storage.” 

Like the rest of the market, Teck struggled in 2020. Its share price fell to just $7 in March of last year due to the market chaos sparked by the COVID-19 pandemic. Despite this downturn, however, the company was able to rebound significantly, rising by nearly 180% to its current prices. But with more projects on the horizon, and global demand for copper and zinc on the rise, Teck is poised to climb even higher.

Turquoise Hill Resources Ltd. (NYSE:TRQ, TSX:TRQ) is major player in Canada’s resource and mineral industry, and its bound to gain some major traction in the world’s push towards greener energy. Like Teck Resources, Turquoise Hill is a major producer of coal and zinc, two resources with distinctly different futures. While the end of coal is looming, zinc is a mineral that will likely grow exponentially in the future of energy for years and years to come.

But that’s not all Turqoise Hill has going for it in the energy transition. It’s also a major producer of Uranium. Uranium is a key material in the production of nuclear energy, which many analysts are suggesting could be a major component in the global transition to cleaner energy. While the mineral has not seen significant price action in recent years, there are a number of new projects set to come online across the globe in the medium-term, which could be a boon to Turquoise Hill.

Magna International (NYSE:MGA, TSX:MG) is a little-known stock with huge potential. And it is a great way to get in on the booming battery market without betting big on one of the new hot stocks tearing up among the millennials right now. The 63-year-old Canadian manufacturing giant provides mobility technology for automakers of all types. From GM and Ford to luxury brands like BMW and Tesla, Magna is a master at striking deals. And it’s clear to see why. The company has the experience and reputation that automakers are looking for.

Magna saw the battery boom before most. In fact, more than ten years ago, it was already making major moves in this emerging market, investing over half a billion dollars in battery production while the market was still gaining traction. Back then, electric vehicles as we know them had barely hit the scene, with Tesla launching its very first car just two years before.  

Magna’s big bet on batteries has paid off in a big way. Since its initial investment the company has seen its valuation soar by tens of billions of dollars, and it has quietly solidified itself as one of the leaders in this emerging market. 

Similar to Magna, Celestica (NYSE:CLS, TSX:CLS ), is a company that saw this trend before it took Wall Street by storm. As a manufacturer of key technology in this industry, it has gained a lot of ground, especially in recent years. Celestica’s wide range of products includes but is not limited to communications solutions, enterprise and cloud services, aerospace and defense products, renewable energy and healthcare tech.  

Celestica’s future is tied hand-in-hand with the green energy boom that’s sweeping the world at the moment. It helps build smart and efficient products that integrate the latest in power generation, conversion and management technology to deliver smarter, more efficient grid and off-grid applications for the world’s leading energy equipment manufacturers and developers.

Celestica fell victim to the massive selloff sparked by the global COVID-19 pandemic, seeing its share price fall into the $2 range in March 2020. Since then, however, the stock price has soared by nearly 400% to its current price. This could be just the beginning for Celestica, however. As the pressure continues to grow to go green, Celestica may emerge as a major benefactor in this new energy race.  

By. Arakan Okada


Forward-Looking Statements

This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements. Forward looking statements in this publication include that prices for helium will significantly increase due to global demand and use in a wide array of industries and that helium will retain its value in future due to the demand increases and overall shortage of supply; that Avanti can pursue exploration of the recently acquired licenses of property in Alberta; that Avanti’s licenses in respect of the Alberta property can achieve drilling and mining success for helium; that Avanti will be able acquire the rights to helium on 12,000 acres of prospective land in Montana pursuant to its recently announced letter of intent; that the Avanti team will be able to develop and implement helium exploration models, including their own proprietary models, that may result in successful exploration and development efforts; that historical geological information and estimations will prove to be accurate or at least very indicative of helium; that high helium content targets exist in the Alberta and Montana projects; and that Avanti will be able to carry out its business plans, including timing for drilling and exploration. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition include that demand for helium is not as great as expected; that alternative commodities or compounds are used in applications which currently use helium, thus reducing the need for helium in the future; that the Company may not fulfill the requirements under its Alberta licenses for various reasons or otherwise cannot pursue exploration on the project as planned or at all; that the Company may not be able to acquire the helium rights to the Montana lands as contemplated in the letter of intent or at all; that the Avanti team may be unable to develop any helium exploration models, including proprietary models, which allow successful exploration efforts on any of the Company’s current or future projects; that Avanti may not be able to finance its intended drilling programs to explore for helium or may otherwise not raise sufficient funds to carry out its business plans; that geological interpretations and technological results based on current data may change with more detailed information, analysis or testing; and that despite promise, there may be no commercially viable helium or other resources on any of Avanti’s properties. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.


This communication is for entertainment purposes only. Never invest purely based on our communication. Oilprice.com and its owners and affiliates (“Oilprice.com”) have not been compensated by Avanti but may in the future be compensated to conduct investor awareness advertising and marketing for TSXV:AVN. The information in this report and on our website has not been independently verified and is not guaranteed to be correct.

SHARE OWNERSHIP. The owner of Oilprice.com owns shares of Avanti and therefore has an additional incentive to see the featured company’s stock perform well. Oilprice is therefore conflicted and is not purporting to present an independent report. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. 

NOT AN INVESTMENT ADVISOR. Oilprice.com is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation, nor are any of its writers or owners.

ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

RISK OF INVESTING. Investing is inherently risky. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.

Download The Free Oilprice App Today