Tag: price of oil

3 Ways To Play The Breakout In Energy Stocks

| November 14, 2017 | 0 Comments
3 Ways To Play The Breakout In Energy Stocks

Oil prices have broken out. Here’s how to play it. Two major events have driven the price of oil up recently. First, oil breached overhead resistance. Whether we are talking about Brent Crude, West Texas Intermediate or any of the other oils, the major trading assets have decisively broken out of a multi-year trading range. […]

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As Oil Breaks Out, Here Are Some Ways To Play It

As Oil Breaks Out, Here Are Some Ways To Play It

Oil may be headed higher. Here’s how to profit. The price of oil has created many problems in the energy sector, and in other related sectors. Ever since the price collapse in 2015, energy stocks of all stripes have struggled. The big producers and explorers have not returned to their old highs. Oil services stocks […]

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Impact Of Hurricane Harvey On Oil And Gasoline

| September 5, 2017 | 0 Comments
Impact Of Hurricane Harvey On Oil And Gasoline

Over the past several days, thousands of people have been displaced since Hurricane Harvey made its initial landfall in eastern Texas. The images shown documenting its impact, especially in the areas hit with the heaviest devastation, have been saddening to say the very least. As the storm continues to run its course, our thoughts are […]

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U.S. Shale To Keep On Pumping Even With $30 Oil

U.S. Shale To Keep On Pumping Even With $30 Oil

Since OPEC announced the production cut deal at the end of November, industry analysts have been warning that rising production from producers outside the deal—U.S. shale in particular—is effectively capping the oil price gains from that agreement. Four months after the OPEC/NOPEC deal took effect, oil prices dropped to the levels preceding the agreement, amid […]

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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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Saudi War On Shale Is Not Over Yet

| March 28, 2017 | 0 Comments
Saudi War On Shale Is Not Over Yet

Two weeks ago when Saudi Arabia let it leak that the kingdom has no intention of leading OPEC toward another cut in production to accommodate the growing volumes of oil from American shale deposits, it was another sign that the Saudi war on shale actually never ended. To properly understand this announcement, we need to […]

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How Trump’s Presidency Could Impact Oil Prices

| January 26, 2017 | 0 Comments
How Trump’s Presidency Could Impact Oil Prices

Donald Trump officially becomes president of the United States on Jan. 20. However, his impact has already been felt in numerous sectors of the economy as well as when it comes to foreign policy matters. How will his words and actions as president influence the price of oil? His Pick for Secretary of State Runs […]

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