Gas flares at the Soroush oil fields behind an Iranian flag in the Persian Gulf, Iran. Picture: REUTERS/Raheb Homavandi
Gas flares at the Soroush oil fields behind an Iranian flag in the Persian Gulf, Iran. Picture: REUTERS/Raheb Homavandi

Viv Govender from Rand Swiss Offshore is taking a stop loss on oil as his stock pick of the day.

“I’m cutting my bet on oil, I was betting on oil because of the protection on the downside and a huge long-term upside if something happens with the Middle East and Iran but I have seen some analysis this week that has scared me about the oil price.”

Viv Govender from Rand Swiss Offshore talks to Business Day TV about where investors should be putting their money

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