• 3 minutes Tesla is the Most American Made Car!
  • 7 minutes Should the US government be on the hook for $15 billion?
  • 9 minutes California breaks 1 GW energy storage milestone
  • 2 hours U.S. Presidential Elections Status - Electoral Votes
  • 2 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 hours Severe Drought in the West Will Greatly Reduce Electrical Production from Hydroelectric Turbines.
  • 22 hours Сryptocurrency predictions
  • 4 hours The Climate Scare Stories Began With Far Left Ideology Per GreenPeace Co-Founder
  • 1 min NordStream2
  • 11 hours Beware the Left's 'Degrowth' Movement (i.e. why Covid-19 is Good)
Dan Dicker

Dan Dicker

Dan Dicker is a 25 year veteran of the New York Mercantile Exchange where he traded crude oil, natural gas, unleaded gasoline and heating oil…

More Info

Is It Time To Get Aggressive On Oil Stocks?

It’s the start of the New Year, so here is my overview for your energy portfolio coming into 2018. I have written in the past six months in a far more aggressive slant than most on oil and oil stocks, and we’ve been rewarded as oil has rallied above $62 a barrel. For those who relied upon the forecasts of the bank analysts and government agencies, I’m afraid you’re well behind the curve – the oil train has already left the station.

Which doesn’t mean you should give up on oil – this bull market that I have predicted in oil and oil equities is just starting and has at least another two years to roll – making 2018 the key year for positioning and profitability. If you haven’t started putting together an aggressive list of stocks for the coming year yet, it’s not too late to start. That’s what this column is about.

In energy investing, I have always been successful by analyzing a medium to long-term thesis on energy prices and trends that normally points me in a more likely sub-sector for success. For example, if I could make the case that technology in off-shore drilling was accelerating, helping to slash costs of deepwater recovery, I might center on those producers to have stellar years that would outperform other energy sectors. Instead, if you’ve read my columns, you’ll know that I have analyzed U.S. horizontal production as the most likely to earn the biggest profits, and tried to…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News