June 30, 2011

I Do Not See Any Major New Sources Of Oil Supply

"I do not see any major new sources of supply of oil. We know that the known reserves of oil continue to decline worldwide." - in Commodity Online

Related Tickers: United States Oil Fund (USO), iPath S&P GSCI Crude Oil Total Return (NYSE:OIL), Marathon Oil Corporation (NYSE:MRO), Exxon Mobil (XOM), Petroleo Brasileiro (PBR), Murphy Oil (MRO), BP Plc (BP), Tesoro (TSO), Western Refining (WNR), Valero Energy (VLO), Transocean (RIG), Halliburton (HAL)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.