Now that we are over a year into the bull market in oil, we are seeing the second- and third-tier shale deposits getting drilled.
Category: Oil
Crude oil is the commodity that greases all the wheels around the world. It keeps our manufacturing and other businesses running. It keeps the cars on the road and is found in numerous petroleum-based products. It’s not surprising that it is one of the most closely followed hard commodities, right next to gold. Naturally, crude oil is the focus of heavy speculation and is one of the first commodities to react to the threat of war, geopolitical turmoil and other potential supply disruptions whether it’s coming from the Middle East, deep drilling platforms in the Gulf or fracking wells in the middle of America. Don’t miss out on any of the great articles from your economic and natural resource experts.
This Rare Crude Oil Setup Will Lead to Huge Profits
Something strange is occurring in crude oil futures. The peculiar action looks bullish even though the narrative is clear as mud…
This Indicator Just Signaled the Next Oil Rally
Last year, the media was calling for the next bear market in oil. The last thing on most people’s mind was a 50% rally. But that’s exactly what happened.
The Iranian Oil Crisis Will Send Oil Prices Soaring
Iran exported 2.2 million barrels of oil per day in July. That’s far more oil than Russia, Saudi Arabia or the U.S. can replace when sanctions begin.
Higher Oil Prices Are Coming Back
From 2011 to 2015 we paid between $3 and $4 per gallon. Those days could come back. And it will cost us a lot more money.
Canadian National Railway and CSX Earnings per Share (EPS) Growth
While analysts worry that demand for railway services may wane due to the trade war, higher oil prices suggest otherwise.
2 Key Events That Could Send Oil Prices Ripping Higher
In either scenario, higher oil prices will come. There is no such thing as a quick fix when it comes to natural resources.
Oil Prices Are at a Critical Level Right Now
Looking at the fundamentals surrounding oil can be difficult. Instead, I rely on the charts, which show that oil is at a critical level right now.
This Middle Eastern Stand Off Will Hit Your Wallet Hard
All eyes are on the trade war waging between the U.S. and China, but there’s an even bigger crisis brewing in the Middle East that’s going to hit your wall in way we haven’t seen since 2008.
The Oil Sector’s Tech Revolution Will Drive Huge Profits
Rig count has long been a great proxy for oil production. Simply put, the more oil rigs, the more oil they can pump. However, all of that has changed now.
Grab the Dip in This Oil Sector Now, Make a Bundle
Oil demand isn’t going away anytime soon. In fact, it’s growing. And producers have to find those additional supplies somewhere.
Here Comes the Next Short-Term Oil Sell-Off
When prices become unaffordable, they’ll come down. And this week, traders got another reason to second-guess the world’s appetite for high-priced crude oil.
Beat the Crude Oil Bulls … and Then Join Them
Monitoring the large speculators is not a precise timing indicator. But it’s a valuable piece of information to determine when it’s the right time to bet against the crowd.
Oil’s Huge Milestone Is Big News for Investors
In November 2016, OPEC announced cuts to oil production. Now, a year and a half after the production cuts, the organization has accomplished its goal.