Category

Oil

Keystone pipeline

Keystone Pipeline Approval Will Make These Stocks Winners

Republican control of the U.S. Senate has made approval of Keystone pipeline imminent.

The controversial $8 billion project, skillfully delayed for years by President Barack Obama, would transport oil sands crude from Canada to refineries on the U.S. Gulf Coast.

TransCanada Corp. (NYSE: TRP), the company building the Keystone XL pipeline, would be the greatest beneficiary of its approval, of course. But dozens of other companies also figure to gain from the project.

Now's the time to jump on these stocks...

Oil Prices

As Crude Oil Prices Fall, These Drillers Benefit – Here's Why

Thanks to the drop in crude oil prices, some TV pundits are now talking about the end of the "new" oil age. With oil now trading in a band between $80 and $88 a barrel, there's a "new normal" for crude.

But lower oil prices never hit everyone the same. The little-known truth is that, in some cases, lower crude oil prices actually make some companies even more attractive.

Let me explain...

Stock Market Today

Stock Market Futures Watching XOM and CVX Amid Falling Oil Prices

This morning (Tuesday), stock market futures suggest an open 26 points below Monday's close as oil prices continue to fall on a rising dollar and the announcement that Saudi Arabia will slash oil prices to the U.S.

Today is also midterm election day, meaning American voters will decide how Democrats or Republicans will share power in Congress over the next two years.

Here's what else you should know in stock market news today.

Stock Market Today

Dow Jones Today Dips Slightly, Waiting on Tomorrow's Midterms

Dow Jones Today: U.S. stock markets were mixed on Monday, although the Dow Jones and S&P 500 hit intraday records during today's session.

The market seems content to await the results of Tuesday's midterm elections and the upcoming October unemployment report on Friday.

Energy stocks took the biggest hit as oil prices slumped yet again. Here's what else you need to know...

Commodities

Saudi Move to Cut Oil Prices Is Now Russia's Biggest Economic Threat

Saudi Arabia has made headlines by cutting oil prices, not production. That move seems calculated to undercut the effect the United States has on global oil markets, even though that effect is indirect.

But make no mistake: Russia is the country that will suffer the most as oil prices drop.

Thanks to the Saudis, this could get ugly very quickly for Putin…

Oil

Crude Oil Prices Are Tanking; Here's What to Expect and What to Do Now

Crude oil prices were down sharply again this week, reaching their lowest prices since January 2012. 

Thursday, West Texas Intermediate (WTI) crude oil for November delivery dropped to $80.01 a barrel. That's a 23.4% dip from the three-year high it set in June. Brent oil prices were down 4.3% to $85.04 Tuesday. That was Brent's biggest one-day drop since September 2011.

Here’s why the price of oil took another big hit this week, and what investors can do now…

Oil

Why Oil Is Down Today

Why oil is down today: Crude oil prices continue to plummet today (Wednesday) as West Texas Intermediate dropped to $86.83 per barrel for November delivery on the New York Mercantile Exchange. That was WTI's lowest price since April 17, 2013.

Brent crude was trading at $91.51 per barrel just after 1:00 pm.

Here’s why crude oil prices have continued to drop dramatically over the past three months…

Energy Investing

The Best Way to Profit from Crude Oil Prices Right Now

Making money in the energy sector is no longer pegged to higher crude oil prices. In today's environment, it's more about where a company drills, how it manages its assets and operations, and the broader flow of supply and demand.

It's also about selecting companies that are built to weather the inevitable dips in the price of crude.

And there are plenty of them out there…

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