Crude oil prices led stocks lower yesterday, but today are rebounding. There’s talk of lower U.S. output, stronger than expected demand in Asia and short covering ahead of the weekly inventory reports.
Crude oil can't seem to find a bid even after the Energy Information Administration reported a whopping 4.4 million-barrel-drop in weekly crude oil supply, much larger than expected.
In anticipation of Father's Day, The Gold Report, quizzed Chris and Dr. Michael Berry, authors of the Disruptive Discoveries Journal, on how investing has changed over the years in the gold, silver, niche metals and energy space, and what they are investing in today to make sure they survive to see the next cycle.
While we’re not as negative on 2015 as Bill Murray, it is that time of year again when prognosticators make their big market calls for the coming year. Ours includes a big run up for an Emerging Market, a couple of large cap energy stocks rebounding and an improvement in prices for a key commodity.
While we’re not as negative on 2015 as Bill Murray, it is that time of year again when prognosticators make their big market calls for the coming year. Ours includes a big run up for an Emerging Market, a couple of large cap energy stocks rebounding and an improvement in prices for a key commodity.
Many small-cap exploration and production companies have had a good run in recent years, but are now getting whacked given their strong connections to oil prices.
With valuations at a decade low, oil executives such as Rochford and Chesapeake Energy Corp.’s Archie Dunham are driving the biggest wave of insider buying since 2012.
With valuations at a decade low, oil executives such as Rochford and Chesapeake Energy Corp.’s Archie Dunham are driving the biggest wave of insider buying since 2012, data compiled by the Washington Service and Bloomberg show. They’re snapping up stocks after more than $300 billion was erased from share values as crude slipped below $70 for the first time since 2010.
U.S. energy companies are shrugging off a 24% plunge in oil prices, confident they can adapt and still make money.
Horizontal drilling and fracking have opened new opportunities for investing in domestic energy, whether for pure-play explorers in developing shales, producers in mature areas, or service companies opening up the monster wells.