Oil Prices

oil prices, oil companies

We are now into Round 2 of the Global Oil War—where the Saudis maximize their revenue, and keep US shale producers—and their lenders—under the Saudi thumb. But there are a few very smart men—and I’ll tell you about a few of them in a minute—who think the price war will...
Even with WTI prices above $70 per barrel, and international Brent crude closer to $80… there really isn’t much geopolitical premium in the oil price yet. And that’s scary (as in… scary bullish) because war in the Middle East has rarely looked more certain—in two places. First off, oil prices are...
 Investors should take away two angles from this story.  One is that the supply in Liquid Natural Gas (LNG-I will explain what this is in a minute) is increasing dramatically around the world, and it's likely that it's all coming here, to North America - because NA is one...
The core strategists of OPEC are brilliant. In a nutshell, they’ve done TWO incredibly smart things. One is that by timing their much publicized production cuts to start in January 2017—when oil demand starts a steep rise—they really don’t have to cut at all. As you can see on the chart, oil...
ETFs, or Exchange Traded Funds, not only track the price of oil, but they can actually provide clues as to where the oil price is going.   I'll show you how to read their charts, and show you the ETF that I think most accurately follows and even warns investors...
Oil producers in Alberta have embraced the holy rail, shipping out by train car an estimated 120,000 barrels of oil per day (bopd) to refiners on the east coast and the U.S. Gulf. Despite rail costs doubling pipeline tariffs, producers were able to get such a better price railing it...
Oil is up.  Consensus has changed from a supply glut to a more balanced market by the end of this year—but the Market is in full swing pricing that in now. Energy producers across the board have had a good run in the last month, and it could continue—both Brent and...
If you are looking for a reason to get bullish on future oil prices look no further. The chart below is one of the most bullish charts in the energy patch today. This chart tells us two critical things. First, it tells us that the horizontal oil boom is due almost...