oil prices 2013

Finding the Best Energy Investments: Intel from Rio de Janeiro

aerial view; of Corcovado, Rio de Janeiro,

If this is Thursday, it must be...Brazil.

I returned home late last night from Baltimore where we were putting the final touches on one of the best energy investments yet, a huge new precedent-setting play we'll be releasing very shortly.

But my wife Marina and I are now into a very hectic travel schedule.

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Make This Oil Move Immediately

From the Editor: In yesterday's members-only message, you got a rare look at Kent's track record and why he averages 55% on every recommendation. Today, Kent recommends a short-term move, based on the latest developments in Syria...

Damascus may have dodged a bullet (or a cruise missile), but nothing else has changed very much. Not in terms of risk.

That explains why the "Syrian Premium" remains. It may be slightly reduced, as you'll see. But it is likely to stay with us even after the threat of a military solution has been averted.

At least for now...

Oil Forecast: The "Syrian Premium" Is Not Temporary

By an apparent agreement to place its chemical weapons under international control, Syria seems to have dodged an imminent American military attack.

Yet even as the world takes a step back from the brink, three critical questions still remain:

1. Will Syrian President Bashar Assad hand over all of his chemical weapons?

2. Will the proposed international control mechanisms satisfy Washington?

3. Will the final result contained in the U.N. report on the chemical weapons use outside of Damascus alter the outcome?

Of course, until the latest news hit, one result had seemed certain: The global oil market was bracing for higher prices. West Texas Intermediate (WTI) closed at a 28-month high on Friday, while Brent crossed the $116 a barrel level.

Following the agreement, that trend has reversed, sending oil prices in both New York and London lower.

But has this crisis really been defused?

Just look at oil prices, and where they're undoubtedly headed......

How to Play the 'Syrian Premium' in Oil Prices

Energy oil barrel small

There's an uneasy lull in the Syrian crisis.

Now that the Obama administration has decided to seek Congressional approval for a Syrian strike, we are in a hazy period before some major decisions are made.

And while a Senate committee has approved a military move against Syria, further action will be slow to come. Congress is officially on recess until Monday.

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These Fracking Trucks Reveal Energy's Most Underreported Boom

Now that the rig market for oil and gas projects is heating up again, it's time to invest where energy's big-money cycle actually begins.
After all, without a rig, a well is nothing more than a dot on a map.
That's why the oil field service (OFS) business always improves before the fortunes of field production companies.
But there's an even earlier link in this profit chain...
It's a smaller industry, and may not get much coverage. But the OFS business wouldn't exist without it... and neither would the all of those oil wells.
That's why the company we'll look at today is one of my favorite oil and gas plays.
First, take a look at these pumping trucks...

How to Invest in the Companies That Keep the Oil Boom Humming

drop of a black liquid

Don't look now, but the rig market for oil and gas projects is heating up again.

After suffering through a period when rigs were being "retired" from the field, the pendulum is swinging back again. Rigs are suddenly in high demand -- and hold the secret to how to invest in the growing U.S. shale oil boom.

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Frack or Fail: Is It Time For California's Liberals to Go?

California is in a LOT of trouble financially. Cities are going under and the state can't balance its budget. It also has almost half a trillion in state pensions to fund and revenue is drying up.
But there is one way out: Tap the largest oil and gas play in the Lower 48.
The question is, whether this left leaning state crowded with special interests like the Sierra Club will actually let oil services companies begin to start fracking on state land.
In our inaugural Money Morning Fight Club brawl, Frank Marchant and Garrett Baldwin square off on this contentious issue. The best part is we are asking you to turn in your scorecard and pick the winner at the end.
So let's get ready to rumble...

What's Keeping Oil Prices Down – for Now, at Least

Kent cnbc oil Sequestration, production concerns in China and the political mess in Italy have combined to keep oil prices down, says Money Morning Global Energy Strategist Dr. Kent Moors.

Speaking on CNBC, Moors said the oil market is now "slightly oversold."

Moors said increased demand and less refinery capacity being used could increase the oil crack spread in the United States, leading to higher energy prices even if oil prices fall.
Asked why energy prices are so high, Moors said there are six or seven major factors.

"The bottom line," he said, "is we have to stop looking at Western Europe and North America when we talk about oil demand because oil demand is being driven essentially worldwide by completely different regions."

Among them, Moors said, is West Africa, where oil demand is spiking.

Watch the accompanying video to hear Moors talk more about global oil prices and how they will affect you.

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Australia Shale Oil Discovery Continues the Country's "Lucky" Streak

Energy oil dollar small

Investors are well aware of the shale oil revolution in the United States. But the "revolution" does not end here; it is spreading globally to countries as diverse as China and Poland.

There is one country in particular though that may experience circumstances similar to the United States, if not greater.

I'm talking about Australia, which has often been called "The Lucky Country." That description was first penned in 1964 by Donald Horne and he actually meant it negatively at the time.

But in recent decades, the term has been given a positive spin thanks to Australia's abundance of natural resources and its geographical location near the world's biggest consumer of commodities - China.

And Australia may have struck luck again thanks to the recent announcement of a massive shale oil discovery.

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