RSSCategory: Crude Oil

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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Will There Be An Oil Price Rally?

Will There Be An Oil Price Rally?

Oil prices seesawed at the start of the week before jumping close to multi-year highs on geopolitical concerns, with Brent hitting $70 and WTI at $65. However, geopolitical pressure is only able to influence oil prices to such a degree because the market is fundamentally getting tighter. Ongoing declines in Venezuela and concerns about heightened […]

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Buy These 3 Stocks For The Boom In American Oil Exports

| March 13, 2018 | 0 Comments
Buy These 3 Stocks For The Boom In American Oil Exports

Monthly oil output in the U.S. this year topped 10 million barrels a day for the first time since 1970, hitting all-time records. And the surge has just begun. On March 5, the International Energy Agency (IEA) released its forecast that predicted U.S. shale output would rise by 2.7 million barrels a day to 12.1 […]

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Chesapeake Energy Corporation Stock Plunges Amid New Fracking Regulations

| March 1, 2018 | 0 Comments
Chesapeake Energy Corporation Stock Plunges Amid New Fracking Regulations

Chesapeake Energy Corporation (NYSE:CHK) stock skidded on Wednesday, continuing the downtrend it’s been on since after the initial positive burst following the Q4 earnings release. Investors were initially pleased with those results, but analysts soon talked them down by debating the topic of asset sales. Chesapeake Energy stock tumbled more than 7% in heavy volumes in intraday […]

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How To Profit From Demand Destruction Of Oil

| February 27, 2018 | 0 Comments
How To Profit From Demand Destruction Of Oil

In the latest annual energy outlook from BP PLC (NYSE: BP), it was the first time the company forecast oil demand would eventually peak and then steadily decline. BP put the date for peak oil demand in the late 2030s. And the cause is one I’ve told you about quite often in my articles – the […]

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