The U.S. military airstrike in Iran is the latest step toward an all-out war in the Middle East. Matt Badiali has been warning you about this since May 2019. Now, the oil price is finally reacting. Here’s what you need to do today. (3-minute read)
![[Shale Crisis Update] More Ugly News for U.S. Oil Companies](https://cdn.banyanhill.com/wp-content/uploads/2019/12/06134715/shutterstock_622602623-627x376.jpg)
The Permian Basin is the engine driving U.S. oil production to new records. But this once-profitable area is a ghost town. Plunging stocks, layoffs and bankruptcies point to an ugly future for oil service stocks.
If you’re looking for the most hated sector, it’s not even close. But the sell-off that we’ve seen in these stocks has created some interesting scenarios today.
Oil-refining stocks rose in recent months after several news events in the Middle East. But in this week’s chart, John Ross explains why he predicts a downturn. Plus, he shows you a way you can play the drop for short-term triple-digit gains. (3-minute read)
The stock market hates oil right now. Oil prices are as low as they were back in 2009. Energy Information Administration predictions suggest that oil prices will be more volatile. Matt Badiali reveals one way to profit when the price heads back up. (2-minute read)
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