Don’t let the OPEC news fool you – TSX oil stocks are not yet buys

If you caught the news last week about OPEC’s announcement that they plan to cut oil production in a bid to bolster crude prices, you might be thinking about rushing in to invest. Be sure to do your homework however, since OPEC isn’t necessarily driving the bus (in terms of controlling the market) the way they used to. Besides, if that bus isn’t already a hybrid now, it likely will be in the coming years…

Read the article from this weekend’s Globe and Mail ROB:—tsx-oil-stocks-are-not-yet-buys/article32172213/

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