Mississauga, ON -- (SBWIRE) -- 05/16/2016 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Saker Aviation Reports Strong Q1 Results, Shares Up On News."
Companies mentioned in this article include Saker Aviation Services Inc. (OTCQB:SKAS).
Article Excerpt:
U.S. equity markets have risen sharply in trading today, driven by gains in the Energy sector. Energy stocks are soaring after Goldman Sachs raised its 2016 price forecast for oil.
The fundamentals of the oil market continue to improve amid supply outages, stronger demand and a reduction in non-OPEC production. Last week, the International Energy Agency (IEA) had also released a bullish report on oil. The IEA kept its demand growth forecast for 2016 unchanged but noted that it could upwardly revise the growth figures later in the year.
The sharp recovery in oil is also helping other risk assets, including equities. In mid-day trading, all three benchmark indexes in the U.S. were trading sharply higher.
One of the major gainers on the OTC market today is Saker Aviation Services Inc. (OTCQB:SKAS). Based in New York City, Saker through its subsidiaries, operates in the aviation services segment of the general aviation industry. The company serves as the operator of a heliport, a fixed base operation (FBO) and as a consultant for a seaplane base that it does not own.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_us/special-reports/639/saker-aviation-reports-strong-q1-results-shares-up-on-news.htm
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