By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - • Print | Email
Crude oil prices have fallen more than 16% since June as investors worry about increasing supply.
But global demand will rise over the long term and offset any increase in production.
And the majority of this demand will come from one Asian country - and it's not China...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - • Print | Email
After one of the most volatile starts to a year ever, the WTI crude oil price seems to have finally stabilized.
Oil prices today were bolstered by statements from the UAE energy minister and the declining U.S. rig count.
And there are three ways to profit from oil's long-term rebound in 2016...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - • Print | Email
Oil prices are down 46.6% over the last year thanks to the global supply glut.
But Money Morning Global Energy Strategist Dr. Kent Moors says prices will stabilize in 2016.
And this chart displays one trend that will make that happen this year...
By Diane Alter, Contributing Writer, Money Morning - • Print | Email
The $34.6 billion Halliburton-Baker Hughes merger faces additional regulatory probes.
Still, Halliburton remains committed to closing the deal in late 2015.
Here's the latest news on the merger between the No. 2 and No 3 oil services players...
