Our Bill Patalon recently sat down with our oil and energy expert, Dr. Kent Moors, to talk about how to be an oil "wildcatter" in your own right – and a record-breaking opportunity he's tracking.
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How to Profit as U.S. Oil Production Passes Saudi Arabia in 2018
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...
Dow Jones Today Sells Off Despite Strong January Jobs Data
The Dow Jones today sells off for one of its biggest weekly losses since late 2016 despite 200,000 new U.S. jobs added in January and steady unemployment.
Dow futures fell as much as 241 points in premarket hours as investors continue to worry about the prospect of higher interest rates in the future. Though the Federal Reserve did not increase rates during its first meeting of the year, the 30-year bond yield rallied above 3% for the first time since May 2017.
Dow Jones Today Moves Higher After Government Bond Yields Rise
The Dow Jones today continues to move higher as a sudden increase in U.S. bond yields overshadows yesterday's concerns about whether China would continue buying U.S. debt.
Dow futures are up 35 points this morning as markets stabilize after the year's first down day yesterday.
Is Exxon Mobil Stock a Good Investment for 2018?
As the largest U.S. oil company, Exxon Mobil is seen as a stable behemoth in an unstable sector.
That's why investors are wondering if Exxon Mobil stock is worth owning going into 2018.
We think you should avoid XOM stock for one critical reason...
The Saudi Aramco IPO Price Might Not Be as High as You Think
Investors eager to participate in the world's largest public offering are waiting to find out what the Saudi Aramco IPO price will be.
That's because it's valued at a whopping $2 trillion, and a 5% offering at that valuation would make it the biggest IPO ever with a market cap of $100 billion.
If the Iran Nuclear Deal Collapses, Iranian Hackers Will Target These U.S. Companies
If the Iran nuclear deal fails, U.S. companies will suffer never-before-seen security breaches thanks to Tehran's "hacker army."
This particular cyber militia has been honing its skills and expanding for years.
So much so that the country now uses it as leverage against international threats.
Iran's biggest threat as of late? The United Sates.
The Complete Saudi Aramco Stock and IPO Guide for the World's Largest Public Offering
The Saudi Aramco IPO is going to be the world's largest public offering ever, with valuations estimated as high as $2 trillion…
And we want Money Morning readers to be prepared for the biggest IPO of all time, which is why we've created this complete Saudi Aramco stock and IPO guide.
Dow Jones News Today: Republicans' Last-Ditch Effort to Repeal Obamacare Fails
The Dow Jones news today features the collapse of the Republicans' last ditch effort to repeal Obamacare, as John McCain voted against the measure in the early morning hours.
Dow Jones futures are down 31 points this morning as tech stocks continue to slide.
Saudi Aramco IPO News: Will Its Valuation Live Up to the Hype?
The Saudi Aramco IPO news dominates headlines because of the company's massive valuation.
The Aramco valuation is claimed to be an enormous $2 trillion dollars.