North American oil prices could have a sharp--but short term—drop in December 2015.
I outline the signs—in the physical market, and the financial market--that oil storage is becoming full in the US.
There is a simple and easy way for investors to profit from this.
I outline this low-risk trading opportunity...
Murphy’s Law Is Alive And Well In The Canadian Energy Patch
Despite oil being up today, it's ugly for E&P companies across the globe. But I think Canadian producers have been hit with Murphy's Law worse than anyone.
After a decent Q2--because of the low Canadian dollar and forest fires reducing...
Bakken oil production has already declined in 2015. There is compelling evidence that this decline is going to accelerate significantly in the next couple of months.
If that happens the recovery we have seen in oil prices in recent weeks is also going accelerate.
Being as the market likes the fact...
You can read a lot on the breakeven price for oil right now. I think a lot of what you read now is missing the point--because I think the breakeven price for oil isn't all about economics. There's a human element to this (and every) trade.
I think the breakeven...
Is This Oil Price "The Big Gap" for Investors?
I think investors are in the middle of a Big Gap in oil stocks. The Leaders have already run so hard they're pricing in $75-$80 oil--so there's not much value or leverage there. But the Laggards need even higher oil prices...
Why Exxon Mobil Is Important for Retail Investors
Exxon's trading symbol is XOM:NYSE. At various times it has been the largest (non-sovereign) company in the world, depending on its share price. And it certainly one of the most profitable - in the quarter ending Dec 31/08 (Q4, for short), Exxon...
The media said there was no winner at the June OPEC meeting held early this past week.
But there was—a big winner in fact.
OPEC producers didn’t win because they didn’t get a production-cap deal that would instantly give them a higher oil price.
Even the Saudis are now issuing multi-billion dollar...
Low prices, high discounts and high condensate prices are conspiring to make this The Week From Hell for Canadian heavy oil producers. Heavy oil prices are now at the bottom of the barrel.
And not to sound like a traitor, but there is a very simple way for investors to...
