Oil Prices

OPEC's Impact on Oil Prices: An Exclusive from the "Inside"

OPEC's Impact on Oil Prices

At the OPEC meeting in Vienna last week, the cartel decided to maintain oil production levels. WTI crude oil prices fell to $63.72 in the aftermath. That's a 37.8% drop since June.

Money Morning's Global Energy Strategist Dr. Kent Moors is in Dubai this week meeting with some of the world's top oil policymakers.

Here's his inside look at OPEC's impact on oil prices...

These Shale Oil Stocks Will Survive Lower Crude Prices

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With the price of crude oil plummeting 14% last week and the prospects for a glut running high, most investors are running away from all shale oil stocks now.

Because shale oil costs more to produce than conventional oil, investors have good reason to worry about the impact of lower crude oil prices on shale oil stocks.

But Money Morning Chief Investment Strategist Keith Fitz-Gerald says selling everything isn't the answer. In fact, he says investors should be looking for the long-term winners.

For two of Fitz-Gerald's favorite shale oil stocks, watch this video...

This Country's Huge "Pricing Error" Will Send These Shares Soaring

Petro Production

"They couldn't possibly be that stupid"...

That's what my friend John, a London-based trader, said when I called him to verify that he saw what I was seeing on my own trading screens here in the wilds of Oregon.

It was Tuesday morning, November 4, and nearly everything in the energy complex was red.

November West Texas crude oil had dropped to $87.31/barrel, while Brent crude oil set a new two-year low at $91.53. Prices have since dropped to four-year lows of around $75 and $78, respectively.

They could fall even further - all because Saudis started another oil price war.

OPEC's largest oil producer had just announced that they were cutting oil prices for customers in the United States. The idea is to squeeze margins on U.S. shale production to where it's not profitable to produce.

Naturally, the Saudis fiercely deny the notion of a price war. But you don't have to be a genius to read between the lines.

The Saudis are very frustrated that they are losing control over pricing power they've held for decades. It's annoying them to no end. So, they're fighting back the only way they know how in an attempt to shift the balance back in their favor - by starting a price war with the United States. Unbelievably, they think they can win!

My take is that the Saudis have just made the biggest strategic "pricing error" in the kingdom's history. And, in doing so, they've actually cleared the way for America's shale energy boom and opened up a killer opportunity for this month's recommendation, in particular...

This Grand Manipulation Explains Why Oil Prices Are So Low

why oil prices are so low

If you're looking for explanation as to why oil prices are so low, look no further.

Certainly low oil prices have to do with supply and demand. Yet, there's one thing pushing the price down that has nothing to do with the oil itself.

The truth is there has been a concerted shorting strategy underway...

Stocks to Buy Now as Crude Oil Prices Fall

stocks to buy

Falling crude oil prices are highlighting some great buying opportunities.

Our technical trading strategist weighed in on Bloomberg Radio, and offered his recommendations amid falling energy prices.

Get these stocks to buy now.

How the OPEC Meeting "Showdown" Will Affect Crude Oil Prices

OPEC meeting

As the price of oil continues to fall, all eyes are on the OPEC meeting scheduled for tomorrow (Thursday, Nov. 27).

The biggest decision for the 12 member nations is whether to curb production. That would be done in an effort to stabilize global oil prices.

Here's the impact the various outcomes of tomorrow's meeting would have on crude oil prices...

Crude Oil Prices: A Billionaire Insider Just Made a Bold Bet

crude oil prices

A very dramatic development in the oil market took place last week. It involved a well-known insider and a bullish bet on crude oil prices.

Harold Hamm, CEO of Continental Resources (NYSE: CLR), announced that his company - a major producer in U.S. unconventional oil basins - had unwound its hedge positions.

In a single bold move, Hamm had made one of the biggest bets ever on rising oil prices - here's why...

Why Lower Oil Prices Won't Kill the Renewable Energy Boom

oil prices

Whenever oil prices drop, everyone always wonders how it will affect wind and solar power.

It follows from the traditional assumption that renewables like these are only competitive when oil and natural gas prices are high.

After all, the early stages of wind and solar power came with a hefty front-loaded price tag, requiring massive government subsidies to both producers and end users to get off the ground.

Some states even introduced legal measures that required that utilities buy a certain percentage of their energy needs only from renewables.

All of this only added to the wider perception that renewables couldn't truly contend, especially if oil and natural gas prices fell.

But those days are now rapidly coming to an end...

Cutting Crude Oil Prices Is a "No-Win Situation" for Saudis

crude oil prices

Saudi Arabia is once again fueling a global oil feud by cutting crude oil prices. It's the second time in a month the kingdom has grabbed the headlines in the oil markets.

In its latest version, Saudi Aramco (the national oil company) has restored an earlier price cut to Asia, but reduced its price to U.S customers.

That means the Saudis are now trying to fight a crude oil war on three different fronts: against Russia in Asia; with OPEC's over-producers like Venezuela and Kuwait; and an escalating battle against U.S. unconventional (tight and shale) oil.

But its latest maneuver won't be enough to turn the tide...

What the Saudi Oil Price Cut Means for U.S. Producers

What the Saudi oil price cut means for u.s. producers

Crude oil prices made a sharp reversal today on two new developments ...

After two punishing days of declines, the price of oil jumped nearly $2 a barrel shortly after 11 a.m. following unconfirmed reports of an oil explosion in Saudi Arabia.

But the real story is the recent Saudi oil price cut and what it means for U.S. oil producers...

Stock of the Day: One of Energy's Strongest Players Is on Sale

stock of the day

Today I'm going to give you access to a recommendation I released just hours ago to paid-up members of my specialized trading service, The Geiger Index.

Because I don't think you're going to see another entry point like the one I'm about to share with you for years.

So let's cut to the chase with today's stock of the day...

Why Natural Gas Prices Are Going Higher

natural gas prices

While everybody is focused on oil, natural gas prices are moving in a very different direction: up.

The week-long spike in price shows that natural gas doesn't necessarily move in tandem with oil.

And that is providing us with some really nice short-term opportunities...

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

crude oil prices

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...

New Energy Profit Plays Will Stem from This Shifting "Balance"

energy profit plays

There's a new wrinkle in the energy markets. It revolves around what I call the "energy balance," and it's changing fast.

Think of it as a rebalancing of what currently exists. As you might have guessed, Asia is already playing a big role.

These fundamental changes are intensifying, handing us new energy profit plays...

Energy Sector Forecast: What to Expect After the Sell-Off

energy sector

With the stock market now roaring back, investors are left to wonder whether the worst is behind us - or if there's more pain yet to come.

While every segment of the market felt the brunt of the sell-off, energy seemed to drop with a vengeance... but it didn't last for long. As the market bottomed out, energy stocks led the recovery, posting big advances.

Here's what the latest market gyrations tell us about the energy sector...

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