
Falling crude oil prices are highlighting some great buying opportunities.
Our technical trading strategist weighed in on Bloomberg Radio, and offered his recommendations amid falling energy prices.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Falling crude oil prices are highlighting some great buying opportunities.
Our technical trading strategist weighed in on Bloomberg Radio, and offered his recommendations amid falling energy prices.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
The price of oil has slipped consistently since June, dragging most oil stocks down with it.
In June, West Texas Intermediate (WTI) hit a three-year high of $103.66 per barrel. By Tuesday, it closed at its lowest price in more than three years, at $77.19.
By Oil & Energy Investor Staff, Money Morning -
They called the Permian Basin the mother of all busts and buried it three decades ago - but they couldn't have been more wrong. Today, 27% of all of the oil rigs in the United States are currently operating in the Permian Basin.
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
The Eagle Ford shale formation in Southern Texas is experiencing an unprecedented oil boom. With a daily output of more than 1.36 million barrels, it's the largest oil formation in the U.S.
It's helping make the U.S. the world's top oil producer and making oil companies even richer in the process.
By Garrett Baldwin, Executive Producer, Money Morning -
Texas has some of the biggest shale oil reserves in the country. And new discoveries in one of those, the Wolfcamp formation, has stunned many energy experts. This shale oil formation is now thought to be the second-largest in the world.
And two companies already operating there will be first in line for the profits...
By Kyle Anderson, Associate Editor, Money Morning • @KyleAndersonMM -
It's time to look at oil stocks to buy as the United States gets ready to surpass the world's biggest oil producers.
Earlier this month, the International Energy Agency (IEA) reported that the United States will jump past both Russia and Saudi Arabia as the world's top oil producer by 2015.
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