May 27th, 2008
CNBC Bonus Bucks Trivia: In “$135: The Biggest Loser” the Fast Money team warned of companies hurt by oil prices. Which stock did they PAN?
In “$135: The Biggest Loser” the Fast Money team warned of companies hurt by oil prices. Which stock did they PAN?
It’s ironic in a way, but according to Tim Seymour, certain oil companies are going to have the hardest time coping with $135 crude. A company like PetroChina
PetroChina Co Ltd
PTR
136.83 -1.55 -1.12%
NYSE
(PTR), that produces a refined product which it then has to subsidize to a local market, is going to suffer, he said.
