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Oil Rally Falters As Traders Seize Profits

Oil Rally Falters As Traders Seize Profits

Oil prices withdrew on Friday…

The Biggest Loser Of The OPEC Deal

The Biggest Loser Of The OPEC Deal

The OPEC production cut deal…

Geopolitical Wildcards Could Push Oil Beyond $70

Geopolitical Wildcards Could Push Oil Beyond $70

This week’s two biggest stories…

Energy

Are Markets Warming Up To OPEC Output Cuts?

Are Markets Warming Up To OPEC Output Cuts?

Jan 05, 2018 at 14:32 | Ag Metal Miner

After hitting a low of below $43/barrel in mid-2017, the oil price has risen inexorably to its highest level since 2015, according to the Financial Times. Rising some 35 percent since…

Energy Sector Could Benefit Most From Trump’s Tax Plan

Energy Sector Could Benefit Most From Trump’s Tax Plan

Jan 05, 2018 at 14:32 | Robert Rapier

The tax bill recently signed by President Trump should be a boon to corporate America. The bill will drop the corporate tax rate from the current 35 percent to 21…

Is This The Beginning Of An Oil Sands Revival?

Is This The Beginning Of An Oil Sands Revival?

Jan 05, 2018 at 14:31 | MINING.com

New life was breathed into the Canadian oil sands with a decision by foreign-owned Harvest Operations Corp to commission its BlackGold project south of Fort McMurray. The Calgary-based arm of…

Is It Time To Get Aggressive On Oil Stocks?

Is It Time To Get Aggressive On Oil Stocks?

Jan 05, 2018 at 14:23 | Dan Dicker

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…

Two Top Picks In Energy This Year

Two Top Picks In Energy This Year

Jan 05, 2018 at 14:21 | Martin Tillier

The New Year is a time for a fresh start, which will be welcomed by energy investors. The sector did better last year than it has in the recent past,…

Oil Industry Spending May Soon Rebound

Oil Industry Spending May Soon Rebound

Jan 05, 2018 at 14:18 | Editorial Dept

Friday January 5, 2018 In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy…

Crude Oil Is Approaching A Major Retracement Zone

Crude Oil Is Approaching A Major Retracement Zone

Jan 05, 2018 at 14:01 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil finished 2017 higher in what can best be described as a volatile two-sided trade. After trending lower from January to June, the market stabilized…

Oil Rally Falters As Traders Seize Profits

Oil Rally Falters As Traders Seize Profits

Jan 05, 2018 at 12:30 | Tom Kool

After a strong start to 2018, oil prices fell back slightly on Friday morning. While geopolitical tensions and strong inventory drawdowns were the main culprits for the rise in prices,…

U.S. Rig Count Dips As Oil Prices Hold Steady

U.S. Rig Count Dips As Oil Prices Hold Steady

Jan 05, 2018 at 12:16 | Julianne Geiger

The number of active oil and gas rigs dipped again this week, according to Baker Hughes data, decreasing by 5 rigs, bringing the total rigs to 924 rigs, which is…

Iraqi Oil Exports Grow On Strong Asian Demand

Iraqi Oil Exports Grow On Strong Asian Demand

Jan 05, 2018 at 10:33 | Matt Smith

It is both the best and worst of times for the current Iraqi oil market. Iraqi oil minister Jabbar al-Luaibi said this week that Iraqi oil fields in the south…

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