The price of oil just hit its highest point since July 2015. That’s really helping the one sector of the oil patch that we should be watching now.
There is a disconnect between the market and a major source of dividend income for investors — MLPs, or master limited partnerships.
Copper has enjoyed a stellar rally for more than a year, but its far from over as a rising new tech will increase demand for the metal.
The WTI crude oil price just hit its highest price in 2 1/2 years. We need to know what’s driving it to decide if we should buy some oil producers.
On October 8, Kobe Steel admitted to quality-control fraud on its metal products. And make no mistake: This scandal will deepen.
As I told you in August, there was zero chance that the service companies will continue to fall if the major oil companies are making record gains.
Oil prices have been stuck around $50 a barrel since they collapsed in 2014. But oil may now be finding a bottom and heading higher.
The supply of oil is still well above its five-year average. But for the first time in a long time, it’s time to focus on the oil sector.