RSSCategory: Crude Oil

10 Oil Stocks That Are Worth A Second Look

| September 6, 2018 | 0 Comments
10 Oil Stocks That Are Worth A Second Look

Considering how beaten down they’ve been, these energy giants have plenty of upside ahead The last few weeks have been tricky ones for energy investors. Some oil stocks have struggled, while others have managed to rally. The market has taken each of these names on a case-by-case basis. It’s not a terribly surprising outcome. Crude […]

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Why Oil Prices Fell — Stockpiles Or Price Pattern?

| August 30, 2018 | 0 Comments
Why Oil Prices Fell — Stockpiles Or Price Pattern?

Let’s cut right to the chart below. The shaded triangle highlights the dramatic price action in crude oil prices on August 15, when crude plummeted 3% to its lowest level in over nine weeks. Now, according to the mainstream experts, the number one catalyst for crude’s collapse was a shockingly bearish same-day Energy Information Administration […]

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Oil Price War Now Between Saudi And Iran

| August 21, 2018 | 0 Comments
Oil Price War Now Between Saudi And Iran

The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil. Saudi Arabia, OPEC’s largest producer, has been boosting oil production to […]

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Oil Will Be An American Weapon

Oil Will Be An American Weapon

I took a gap year after college, and I decided to spend the winter in Jackson Hole, Wyoming. When I left from just south of Houston, I drove 700 miles the first day and spent the night in… Texas. Amarillo, to be exact. Texas is a big state. When you enter Texas from Louisiana on […]

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3 Oil Tanker Stocks That Will Prosper Despite Higher OPEC Quotas

3 Oil Tanker Stocks That Will Prosper Despite Higher OPEC Quotas

These oil tanker stocks will continue moving higher no matter what OPEC decides OPEC meetings usually have an effect on oil tanker stocks. With shipping rates heavily dependent on the price of oil, such meetings can sometimes serve as the difference between prosperity and disaster. Fortunately, in this case, production increases may not hurt the […]

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3 Winners, 3 Losers From Rising Oil Prices

3 Winners, 3 Losers From Rising Oil Prices

Oil prices are surging – here’s what you need to know in order to profit What a year for black gold. The price of oil, which investors had left for dead, has roared back to the life over the past year. In fact, oil prices are up more than 50% over the past 12 months […]

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Oil And Gasoline Spike While Trump Goes “Deal Making”

Oil And Gasoline Spike While Trump Goes “Deal Making”

Calling it “a horrible one-sided deal that should have never, ever been made”, President Trump declared last Tuesday that the U.S. will pull out of the Iran nuclear deal made under the Obama administration. The United States is now preparing to reinstate all sanctions along with additional economic penalties on Iran. French President Emmanuel Macron, […]

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Why We’re Headed Toward Oil Independence

Why We’re Headed Toward Oil Independence

Almost two years ago, the Saudis acknowledged they had a problem. The price of oil was too low. The oil-rich country had fought a surge in supply from American frackers by opening the taps, and the move pushed oil prices to their lowest level in decades. Even though the Saudis and other OPEC members still […]

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Big Oil Bets Big On Big Data To Increase Revenues And Cut Costs

| April 24, 2018 | 0 Comments
Big Oil Bets Big On Big Data To Increase Revenues And Cut Costs

President Trump is not the only one using the words “mission accomplished”. On April 13, the International Energy Agency (IEA) said that OPEC could use those words in its battle to reduce the global glut of oil that had been a problem since 2015. The IEA said oil stockpiles had dropped dramatically over the past […]

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Oil Is Breaking Out, How About Oil Company Stocks?

| April 19, 2018 | 0 Comments
Oil Is Breaking Out, How About Oil Company Stocks?

In late 2016, OPEC agreed to cut production in order to address an oversupplied oil market. Global crude oil inventories had reached record highs, and the price of oil had crashed. OPEC’s strategy is having the desired effect. Over the past year, despite strong U.S. shale production growth, global inventories have steadily declined. In response, […]

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