Low oil prices may have a silver lining, after all. Without a doubt, oil stocks have taken a pasting in recent months as oil prices have plunged more than 50%. But Money Morning Chief Investment Strategist Keith Fitz-Gerald, a seasoned market analyst with 33 years of experience, views such turmoil not with dread, but optimism. […]oil prices in 2015
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Low Oil Prices in 2015 Will Make the Oil Industry Stronger
Low oil prices may have a silver lining, after all. Without a doubt, oil stocks have taken a pasting in recent months as oil prices have plunged more than 50%. But Money Morning Chief Investment Strategist Keith Fitz-Gerald, a seasoned market analyst with 33 years of experience, views such turmoil not with dread, but optimism. […]Oil Prices in 2015 Will Rebound From Recent Lows – New Report
According to our new forecast, the worst of the oil price crash is likely over. Oil prices in 2015 will rebound from the five-year lows hit this year.
This rise will bring with it a new wave of profit opportunities...
Here are the catalysts driving this rebound - plus two stock picks...
Oil Price Forecast 2015 Brings One of the Best Opportunities in Years
Oil Price Forecast 2015: After hovering around $110/barrel for the first eight months of the year, oil prices have tumbled by 45% into the $60 to $65/barrel range.
In fact, in mid-December, oil prices dipped as low as $56 a barrel, a level not seen since May 2009 during the worst of the "Great Recession."
But according to the 2015 oil price forecast by Money Morning Global Energy Strategist Dr. Kent Moors, the worst of the price crash is likely over.
"Oil," Dr. Moors says, "is very near a bottom."
Now here's how investors can profit...