Tag: Crude oil production

Three Oil Stocks To Pick Up The Slack From The Loss Of Saudi Production

| September 24, 2019 | 0 Comments
Three Oil Stocks To Pick Up The Slack From The Loss Of Saudi Production

On Saturday, September 14, Saudi Arabia’s largest crude oil processing facility at Abqaiq, was attacked by at least 30 drones and cruise missiles. The attack shut down about one-half of the country’s oil production capacity, which is 5% of the world’s daily production and consumption. When trading markets opened on Monday, crude oil prices jumped […]

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3 High-Yield Oil Stocks Paying Over 6%

| June 6, 2019 | 0 Comments
3 High-Yield Oil Stocks Paying Over 6%

Recently there have been two big, interrelated news stories coming out of the U.S. energy sector. The first is that the U.S. crude oil production continues to grow, and the U.S. has become the world’s largest producer of energy liquids. This growth has been led by the Permian Basin play in West Texas. The parallel […]

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Shale Marching Higher Despite Lower Oil Prices

| November 8, 2018 | 0 Comments
Shale Marching Higher Despite Lower Oil Prices

The shale oil revolution is still going strong… That’s the story of today’s chart, which maps U.S. daily oil production in the top-five shale oil regions from 2013 to today… and projects production to 2025. The five regions are: Permian (Delaware), Permian (Midland), Eagle Ford (in Texas), Bakken (in parts of Montana), and Niobrara (in […]

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These 3 High-Yield Stocks Are All Now “Buys” With Oil Up Nearly 50%

| June 14, 2018 | 0 Comments
These 3 High-Yield Stocks Are All Now “Buys” With Oil Up Nearly 50%

Recently there have been two big, interrelated news stories coming out of the U.S. energy sector. The first is that the U.S. crude oil production continues to grow, and the U.S. has become the world’s largest producer of energy liquids. This growth has been led by the Permian Basin play in West Texas. The parallel […]

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Here’s The Reason OPEC Cuts Didn’t Work Out

Here’s The Reason OPEC Cuts Didn’t Work Out

It was only a few months ago that OPEC, once the de facto arbiter of oil markets, seemed to have a plan to inflate the price of oil: The cartel, along with several non-OPEC members, agreed in December to cut production by roughly 1.2 million barrels per day. And for the first quarter of 2017, […]

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