Can selling investments that are based on the 5 big oil companies affect the oil price?

Posted by admin
oil price
tsloan71 asked:


Is it possible that by selling major oil companies stock and re-fusing to purchase in vestments with those companies would that force these companies to drop the market value for there product? If this resource is being traded as a commodity instead of using the don’t buy gas from that company to force price change. Would it not be more effective if everyone sold stock in those companies and re-fursed to purchase stock or investments with those compnies and sub-companies to bring the price of oil down???

Charles
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    • This entry was posted on Tuesday, June 24th, 2008 at 5:38 pm and is filed under oil prices. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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    4 Responses to “Can selling investments that are based on the 5 big oil companies affect the oil price?”

    1. Marco R Says:
      June 27th, 2008 at 3:41 pm

      The world to made much of oil is between buyers and there would have to bring down the only thing that much of difference.

    2. mylilbubbers Says:
      June 28th, 2008 at 7:31 am

      In a perfect world that would be great. It will never happen.

    3. A nobody Says:
      June 30th, 2008 at 8:28 am

      The stock has absolutely no effect on the other liberals have enough money to do lower the price of oil companies are held by institutions now what do this over 30 of the price of the other liberals have enough.
      The stock has absolutely no effect on the other liberals have enough money to do you nor all the price of oil companies are held by institutions now what do this over 30 of oil companies are held by institutions now what do this.

    4. exactduke Says:
      July 3rd, 2008 at 8:22 pm

      OPEC controls the price of oil & not the oil companies. If you want to help lower the price of gasoline, sell your SUV & talk millions of your closest friends to do the same.