HomeMarketsInternational MarketsIndonesia Energy Corporation Limited (INDO) Rockets to New Highs
Indonesia Energy Corporation Limited (INDO) Rockets to New Highs

Indonesia Energy Corporation Limited (INDO) is today’s FOMO stock. Alex Coffey and Jenny Horne discuss Indonesia Energy Corporation Limited’s (INDO) which is an oil and gas producer primarily based in Indonesia. Jenny mentions that it’s 3-month price performance is up over 900%. Jenny talks about how energy stocks have all been jumping this week in the wake of the rising cost of oil. Alex talked about the difference in price for near-term crude oil contracts versus later dated crude oil contracts. Finally, Alex discusses an example trade using Indonesia Energy Corporation Limited (INDO).

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