Tag: price of oil
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 […]
Buy These 3 High-Yield Trusts For Profits From The Coming Oil Price Spike
Crude oil has been on a roller coaster over the last two months. The WTI benchmark price peaked at more than $65 per barrel in late April. The peak was followed by a steep decline to just above $50 per barrel. Many pundits used the price drop to predict a global economic slowdown. They were […]
From Shale Oil To Shale Fail
I’m tempted to say the following to the writers of two recent pieces outlining the continuing negative free cash flow of companies fracking for oil in America: “Tell me something I don’t already know.” But apparently their message (which has been true for years) needs to be repeated. This is because investors can’t seem to […]
Oil Jumps After Saudi Vows To Retaliate Against Any ‘Punitive Measures’ Over Journalist Disappearance
WTI Crude prices are up around 2% in the early Sunday trading after Saudi Arabia appears to be now attempting to go on the offensive and is lashing out as it does damage control in the aftermath of journalist Jamal Khashoggi’s alleged murder inside the Saudi consulate in Istanbul nearly two weeks ago. What likely sparked […]
3 Energy Stocks To Buy Now
These 3 stocks will lead the energy and oil resurgence Oil is back. In 2014, WTI crude oil prices were north of $100 per barrel. Not surprisingly, energy stocks, and in particular oil stocks, were doing pretty well back then. But, oil stockpiles got too high at the same time that demand started to waver. The oil […]
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 […]
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 […]
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 […]
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, […]
Energy Not Adding Up
A barrel of oil, West Texas Intermediate, currently fetches $65 per barrel, that is a fairly decent price looking back over the past three years. Brent is closer to $70. Still a far cry from $100+ price prior to mid-2014 but also materially above the $30 trough of Q1 2016. Yet, the majority of energy […]
