Tag: crude oil production

OPEC, Russia have showdown over US shale drilling ahead of meeting – https://www.cnbc.com/2017/11/22/opec-russia-have-showdown-over-u-s-shale-drilling-ahead-of-meeting.html Advertisements Advertisements

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ELECTRIC CARS & OIL INDUSTRY

The world’s biggest oil producers are starting to take electric vehicles seriously as a long-term threat. OPEC quintupled its forecast for sales of plug-in EVs, and oil producers from Exxon Mobil Corp. to BP Plc also revised […]

Oil settles at $47.82, up 16 cents following mixed weekly US stockpiles data

CNBC: Oil prices eked out gains on Wednesday in a volatile session as the market mulled U.S. government data showing that while there were signs a crude glut may be receding, crude inventories remain large […]

Oil Price Declines: why fundamentals are continuously ignored. UPDATED

Many brokers consider shares of oil and gas companies as attractive investments and recommend these stocks as a good buy. As a justification, they show dividends history in comparison to other sectors.  It has always […]

TRUMP’S 100 DAYS: TAX REFORMS FOR RICH, THE U.S. ECONOMY GROWTH NUMBERS ARE DISAPPOINTING, POTENTIAL FOR A NUCLEAR STANDOFF WITH NORTH KOREA, MICHAEL FLYNN

Trump’s Corporate Tax Rewrite Faces Major Obstacle: Its Cost President Donald Trump offered corporate America a sweeping tax vision whose ultimate promise of lower rates and more global competitiveness depends on one thing: longevity. Given […]

UNREASONABLE OPTIMISM IS NOT GOING TO HELP

Source: Advisor Perspectives Ken Fincher, First Trust Advisors, highlights that the Fed has signalled plans to gradually increase interest rates this year. It’s important for investors to remember that the cost of leverage will narrow the differential […]

Economic and market highlights

There are plenty senseless oil and gas forecasts published by leading financial institutions as an attempt to convince people that oil and gas companies will soon be profitable again due to improvement of crude oil […]