What's Ahead for Oil Stocks and ETFs as Iraq Turmoil Continues
Oil stocks and oil exchange-traded funds (ETFs) are getting more attention as oil futures close out their biggest weekly gain of the year.
Oil prices rallied for a third consecutive day Friday as Sunni militants continued their advance toward Baghdad, stoking fears that Iraq is headed for civil war and its abundant oil exports could be in jeopardy.While oil prices will rise, not all stocks will follow. Here's the deal...
Time for a Post-Petrodollar Profit Play
Beware of unintended consequences.
That's the advice I'd give Western leaders when imposing sanctions on Russia over the Ukraine crisis.
You see, Putin's been racking up his air miles, hastening the pace to replace the petrodollar.
It's a topic I recently discussed here, along with an investment idea for a "counterattack."
At the end of Putin's two-day trip to China last week, the two nations signed a landmark natural gas supply deal, driving another large nail in the dollar's coffin.Full Story
Iran's "Oil Show" Just Revealed a Huge Opportunity
Let's face it: Iran isn't at the top of anyone's list when considering all the profit opportunities out there in the world. At least, not yet…
You see, Iran is changing – and quickly.
Its new political regime at least appears to be increasingly open to the West.
Its old-style buyback contracts with international oil companies have long been considered high-risk with little or no flexibility; they essentially allowed Iran to own the oil company assets and allow the company a stream of profit.
But the isolated nation recently announced the introduction of a new generation of oil contract, one that promises to be considerably friendlier to foreign partners.Full Story...
We Struck Oil… Lots of Oil
In December 2013, I let our readers in on a way to invest directly in a new oil and gas drilling venture.
In the time since, I've been spending a great deal of time at the drilling site in South Texas, keeping an eye on the progress.Now, there's news to report. Great news... It's a gusher!
How to Profit When Oil and Gas Stocks Hit the Bargain Rack
Over the past week, oil and gas stocks have been quite volatile. But that's not bad news – not by a long shot.
In fact, this is always the time when energy investors should be on the hunt for bargains.And there's one approach that works especially well in this situation...
Why the Oil Price "Spread" Is Getting Tighter
The oil price spread between West Texas Intermediate and Brent is tightening again.
As of this morning, this spread stood at 7.2% of the WTI rate (the more accurate way to register its impact in the U.S. market).
And as this oil price spread continues to narrow, it promises to create some direct consequences for energy investors.Here's what's behind it, and what investors need to know moving forward...
Gas Prices Are Heading Up (and the Sector That Will Benefit)
The price of gasoline in the U.S. is on the rise again.
Futures prices for RBOB ("Reformulated Blendstock for Oxygenate Blending"), the NYMEX futures contract for gasoline, are up over 11% for the year, and a full 6.6% of that increase has come in the past month.
In fact, gas is up 2.4% over the past week alone. Today, the average retail price is 4 cents higher per gallon than a year ago.
And you can bet that as we move into the "official" start of the summer driving season, the worst is yet to come. Prices will be headed even higher.
So with all the hoopla surrounding our newfound oil wealth and our legitimate move to become energy self-sufficient in as little as a decade, why are gas prices still climbing?Let me explain...
Pump Prices Are Rising Quickly: Counterattack Now
Since the early 1970s, most major oil deals have been transacted in "petrodollars."
But that system has become increasingly challenged in recent years.
The conflict in Ukraine right now has only served to exacerbate things.
As America leads the charge to impose Western sanctions on Russia, it's a plan that's not only backfiring, but leading to opportunities for those who understand the consequences…Full Story...
The Eagle Ford Shale Will Boost These Oil Stock Prices in 2014
The Eagle Ford shale formation in Southern Texas is experiencing an unprecedented oil boom. With a daily output of more than 1.36 million barrels, it's the largest oil formation in the U.S.
It's helping make the U.S. the world's top oil producer and making oil companies even richer in the process.For investors, that production will have a profound impact on these three oil stock prices in 2014...
Chesapeake Energy Corp. (NYSE: CHK) Will Spin Off Oilfield Services Business
Chesapeake Energy Corp. (NYSE: CHK) has taken the first steps to spin off its oilfield services unit.
The second largest U.S. natural gas producer, behind only behemoth Exxon Mobil Corp. (NYSE: XOM), reported Monday it has filed paperwork with the U.S. Securities and Exchange Commission for the possible separation. The company also confirmed Morgan Stanley (NYSE: MS) has been retained to evaluate strategic options for the business, Chesapeake Oilfield Operating LLC (COS).To continue reading, please click here...