The Saudi Aramco IPO dominated headlines this week as Crown Prince Mohammad bin Salman toured the United States.
Mohammad Bin Salman is the young, reform-minded Saudi prince shaking up Saudi Arabia's rigid government.
By Money Morning Staff Reports, Money Morning - • Print | Email
The Saudi Aramco IPO dominated headlines this week as Crown Prince Mohammad bin Salman toured the United States.
Mohammad Bin Salman is the young, reform-minded Saudi prince shaking up Saudi Arabia's rigid government.
By Dustin Parrett, Associate Editor, Money Morning - • Print | Email
The new T. Boone Pickens ETF might seem like an exciting way to profit from the legendary billionaire's investing skill.
But once you read the fine print, you'll realize there are much better profit opportunities elsewhere…
By Dustin Parrett, Associate Editor, Money Morning - • Print | Email
WTI crude oil prices plunged more than 10% in the first 12 days of February. While oil prices recovered 3% by Friday morning, the drop has been enough to spook oil investors.
Some are even staying away from the oil market entirely.
By Money Morning News Team, Money Morning - • Print | Email
U.S. oil production is poised to bypass Saudi Arabia this year, creating a new investment opportunity in American oil companies…
The EIA released a forecast of 9.69 million barrels per day (MMbpd) for U.S. oil producers in 2018, which is an increase of 5.7% over the 9.16 MMbpd average last year.
And that's creating a profit opportunity for investors who know where to look...
By Money Morning Staff, Money Morning - • Print | Email
The Energy Department projects U.S. oil production will surpass 10.3 million barrels a day in 2018, smashing the record for oil production set in 1970.
That's more than 1 million barrels a day higher than U.S. production in 2017.
By Casey Wilson, Associate Editor, Money Morning - • Print | Email
A barrel of U.S. benchmark West Texas Intermediate crude oil just climbed above $65 a barrel for the first time in more than three years.
Here's why oil companies and investors alike are celebrating...
By Money Morning Staff, Money Morning - • Print | Email
In November 2017, OPEC announced plans to cut oil production by 2% through 2018. Speculators responded by driving oil futures up 10% in December.
The best oil ETF to buy in 2018 has consistently outpaced oil prices in that time, up 15% since Nov. 1 and rising over 30% since July of 2017.
But that's not the only catalyst...
By A.J. Bursick, Associate Editor, Money Morning - • Print | Email
Oil rose yesterday to its highest since May 2015 – thanks to the unrest in Iran.
Iran's increasing volatility both at home and abroad will continue to affect oil prices.
Here's what to look out for...
By Cooper Creagan, Associate Editor, Money Morning - • Print | Email
This little-known government mandate could have a huge impact on global oil demand this Monday.
All thanks to one little device that's about to become extremely popular.
By A.J. Bursick, Associate Editor, Money Morning - • Print | Email
Iran and Russia have been gunning for the U.S. petrodollar for years.
Now they've come up with a viable plan to take it down.
Check out their scheme here - and the profit play that comes with it...