Tag: investing in oil

3 Oil Stocks To Buy, Whatever Oil Prices Do

3 Oil Stocks To Buy, Whatever Oil Prices Do

These three companies should serve you well no matter what Oil stocks have looked more lively recently. U.S. crude oil is up 25.85% year to date, with West Texas Intermediate (WTI) recently trading around $57.15 a barrel. That comes as the Organization of Petroleum Exporting Countries (plus non-members including Russia)  holds one of its regular […]

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OPEC’s Output Freeze: What Has Changed Since Doha?

| August 25, 2016 | 0 Comments
OPEC’s Output Freeze: What Has Changed Since Doha?

It’s possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it’s also possible that they are ramping up production to take the sting out of a freeze. This is a delicate balancing act that the Saudis need to play very carefully. The official chatter is that the […]

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Downturn Sets Up For A Dramatic Oil Price Spike

| August 9, 2016 | 0 Comments
Downturn Sets Up For A Dramatic Oil Price Spike

Another oil price downturn threatens to deepen the plunging levels of investment in upstream oil and gas production, which could create a more acute price spike in the years ahead. Oil and gas companies have gutted their capex budgets, necessary moves as drillers went deep into the red following the crash in oil prices. But […]

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Oil Industry Faces Huge Worker Shortage

Oil Industry Faces Huge Worker Shortage

The rig count has rebounded from the lows seen in late May, a small indication that oil companies in the U.S. could begin drilling anew. Shale drilling is a short-cycle prospect, requiring only a few weeks to drill and bring a well online. Because of this, the collective U.S. shale industry has been likened to […]

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$50 A Barrel Means Peak Oil Beyond 2050

$50 A Barrel Means Peak Oil Beyond 2050

Any long-term oil demand projection rests on understanding transport demand, which today comprises 54% of global oil consumption. In their base case, BofA Merrill Lynch Global Commodity Research analysts expect that growth in transport demand will continue to more than offset fuel efficiency gains and substitution to alternatives. “As such, peak global oil demand lies […]

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3 Years Of Painful Cuts To Bring Serious Oil Crunch

3 Years Of Painful Cuts To Bring Serious Oil Crunch

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. But the deficit will only widen in the years ahead […]

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The Disastrous Oil News from BP Nobody Noticed

| March 24, 2016 | 0 Comments
The Disastrous Oil News from BP Nobody Noticed

The Disastrous Oil News from BP Nobody Noticed… And it will cause the Banks to Tighten the Noose. A terrible bit of news went unnoticed in the commotion amid the rebound in oil prices over the past two weeks. While every news outlet shouted about Iran and OPEC, a U.S. energy icon quietly announced news that […]

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