Tag: oil production
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 […]
What If Venezuela And Iran Oil Are Totally Off The Market?
We’re hyper-focused on politics at the moment because, well, Trump. If he weren’t the president, with unshakeable support from one faction while inducing loathing from another, then the 2020 election cycle might be a touch less fanatical. But he is the president, and we’ve got Democratic hopefuls pummeling each other as they move to the […]
Will U.S. Shale Companies Survive This Oil Price Downturn?
The bad news coming out of the shale oil fields of America could all be put down to slumping oil prices. That is certainly a big factor. But as investment professionals like to say, when the tide goes out, we all find out who’s been skinny-dipping. The pattern of negative news from shale country is […]
5 Predictions For The Energy Sector In 2019
As we begin 2019, the energy markets and the stock markets are experiencing extreme volatility. Both underwent steep declines during the latter part of last year, but both are off to a fast start in the new year. How might this all play out in 2019? Below are my predictions for the significant energy trends I […]
