• 4 minutes Projection Of Experts: Oil Prices Expected To Stay Anchored Around $65-70 Through 2023
  • 7 minutes Oil prices forecast
  • 11 minutes Algorithms Taking Over Oil Fields
  • 14 mintues NIGERIAN CRUDE OIL
  • 41 mins How Is Greenland Dealing With Climate Change?
  • 3 hours China Car Sales Plummet: Can Musk Unshovel His Groundbreaking?
  • 14 hours "Peace Agreement" Russia vs Japan: Control Over Islands Not Up For Discussion
  • 7 hours How Much Oil Does Aramco Have?
  • 1 hour Socialists want to exorcise the O&G demon by 2030
  • 1 hour BofA Sees Oil at $35-70
  • 5 hours Venezuela continues to sink in misery
  • 1 day Solid-State Batteries
  • 12 hours Spy&State: Huawei Founder Says Firm Does Not Spy For China
  • 13 hours Oil Slide Worries Traders. *relax* This Should Get Sorted by Year End.
  • 1 day protests in Canada over pipeline
  • 17 hours China's Exports Shrink Most In Two Years, Raising Risks To Global Economy
  • 1 day WSJ: Gun Ownership on Rise in Europe After Terror Attacks, Sexual Assaults
  • 19 hours Bolsonaro Wins in Brazil
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

The Energy Market ‘Rapid Roundup’

A few words about this ‘Rapid Roundup” of energy names before I start reeling them off (or as many as I can reasonably do).

My request for stock names was answered with more than 100 emails from subscribers. I cannot tell you how heartening it is for me to receive such enthusiastic interest in my work – mostly when I check my emails and comments they are limited to trolling or taunting, an expected hazard but still no fun. The quantity and quality of your responses gave me great pleasure and I thank you. I cannot mention your names in this column, but please know I greatly appreciate each one of your requests.

First the macro situation: Energy continues to see a rally from ridiculously low numbers, but despite some drops in US (and OPEC!) production, there are still stockpile gluts everywhere which should limit the upside, at least for now. If you haven’t begun accumulating long-term names, any down-day in oil would provide a chance to start – if you’re trading, however, I think that gains accumulated when oil was in the 20’s should be taken. Now, let’s get to some names:

Let’s start by trying to bite off two big subsectors in one go:

1- Pipelines: I’ve made clear that the dropping production inside the U.S., combined with ‘lower for longer’ oil and gas prices make the growth potential in the mid-term for pipelines difficult, and therefore their distributions suspect. I put faith…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin



Oilprice - The No. 1 Source for Oil & Energy News