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...
Sector Diversification: Target Oil Sands
Just about everybody on Earth ought to know by now about the oil sands are a vast and virtually limitless supply that's going to backstop North American energy security for a century or more.
But for all the hype and hoopla, surprisingly few investors...
Editor's Note: In my last story I explained how lower gas prices could affect reserves, as reserve reporting season is underway. Below, here's a look at how some junior oil companies might fare.
- Keith
Part 3 of a 3-part Series
Reserves redux:
Last time we talked about reserve reports and how natural...
I have been actively buying and selling in the portfolio last week, and informing subscribers of new investment ideas has kept me away from the blog more than usual. But a chart I follow caught my attention this weekend and I think it could help investors determine the next...
Millions of consumers and investors in North America are wondering how the global oil price and the price of gasoline at the pumps can be going up in the face of rising global oil inventories and no significant increase in demand for anything in the US.
According to Philip Treick,...
The breakeven price for oil and gas companies in 2008 was US$87.24 per barrel of oil equivalent (boe), BMO Nesbitt Burns said in their annual Global Cost Study released July 21.
The three year average for the industry's breakeven price is US$73.60. They estimate the 2009 breakeven price will fall...
When I first started the newsletter in January, one of my best stockbroker friends asked me - where do you think the price of oil is going to be at Christmas 2009? I said US$65 or $75. Wow that's high, he said, compared to all other analysts.
But research analysts...
I am busy writing my first issue, but wanted to make a couple quick comments on the oil and gas markets. The market is divided on whether this rally can continue, in both the Dow Jones and in oil. For the Dow, I see sentiment shifting from a "Sell...