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.
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Map Source: www.English.Aljazeera.net |
However, as chaos creates risks, it often brings opportunities as well. In this case, the other side of the long crude and natural gas related trades arising from the Egypt unrest is a high risk/reward play on companies that got hammered due to their exposure to the region…….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
Dian L. Chu, Feb. 08, 2011 | Kindle | Facebook Page | New Article Alert | Google Buzz | RSS