Oil Sector’s High Production Demand Presents Security
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.
Posted by Anthony Planas | Jun 20, 2018 | Investing, Oil
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.
Posted by Jeff Yastine | Jun 19, 2018 | Investing, Oil
Oil demand isn’t going away anytime soon. In fact, it’s growing. And producers have to find those additional supplies somewhere.
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.
Posted by Anthony Planas | Jun 12, 2018 | Commodities, Investing
American electric producers are switching to cleaner sources like natural gas and renewables. That doesn’t mean American coal producers are suffering though.
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.
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