The White House said last Monday it would not extend exemptions to Iran oil sanctions that were set to end in May.
This further limits Iran's global trade prospects, but it also restricts the world's oil supply.
Category
Oil
The Best Renewable Energy Stock to Buy as the Solar Sector Heats Up
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Renewable energy will inevitably displace fossil fuels one day.
And while investors squabble over the best renewable energy stock to buy, we've already got one lined up… because that day might be sooner than you think.
The 2 Best Oil and Energy Stocks to Buy Now
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WTI oil prices started at $45 this year but have since rebounded to over $65.
They're still projected to shoot up to $75 per barrel by the end of August.
So we've picked the best oil and energy stocks to buy now, to help you take the biggest bite out of this 20% industry gain.
Oil Stocks Could Lose 95% of Their Value by 2050; Protect Yourself with This Play
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According to a late-breaking report from investment consultancy firm Mercer, oil and gas stocks could lose up to 95% of their value by 2050.
While we're skeptical Mercer's doomsday scenario could play out, it reveals a serious opportunity in energy stocks right now.
The One Permian Oil Stock to Buy Before Its Big Rebound
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Oil prices are set to rise in the United States as the summer driving season commences.
U.S. sanctions on Venezuela and Iran are having a profound impact on refiners' ability to procure crude required for diesel fuel.
Russia and OPEC (which includes Saudi Arabia) will continue to cut crude production to bolster support.
And optimism continues to rise about a trade deal between the United States and China.
The 3 Best Energy Dividend Stocks to Buy in March
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Over the last month, oil prices have remained relatively steady after their 31% run up from late December to mid-February. This is largely attributable to the United States adding more supply to the market.
But every day, it seems like there are new concerns about global economies. No Brexit plan is in place despite this month's fast-approaching deadline. China has slashed its 2019 economic growth outlook. The ECB reduced its growth expectations last Thursday. And on Friday, the U.S. Labor Department released a chilling jobs report that fell well short of economists' expectations.
All these factors could weigh negatively on the price of oil. But despite these challenges, oil prices are poised to move higher in 2019 and 2020. Today, we're going to explain why oil prices will move higher in 2019 and 2020 – and give you the three best energy dividend stocks that are poised to break out according to the Money Morning Stock VQScore™ system.
Why You Should Avoid Exxon Mobil Stock
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Oil prices may never reach their spectacular highs in 2008 again, and the reason is less obvious than you might think.
And this subtle new trend could make OPEC completely irrelevant.
Once you see the chart below, you'll never want to own a share of Exxon Mobil stock again...
How You Can Make Money on This Seasonal Oil Pattern
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A seasonal bullish trend can move stocks 5% or 10%, which is a nice gain. But there's a very simple way to turn those moves into 50% gains.
This video shows you how to take a reliable oil pattern happening this spring and set up for a 50% gain.
Here's Our Full 2019 Crude Oil Price Prediction
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Money Morning Global Energy Strategist Dr. Kent Moors recently shared his 2019 crude oil price prediction with his readers.
While his paid-up subscribers got to see it months ago, it’s too important to ignore.
Here’s a complimentary look at exactly where Dr. Moors sees oil prices heading in 2019…
These 3 Energy Stocks Are the Best Contrarian Plays in the Market Today
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So far, the market is off to a blazing start in 2019, and we've bounced more than 10% off the December lows.
Is it sustainable?
Your guess is as good as mine. There's still a ton of uncertainty in the markets rights now.
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