The latest estimate from the EIA is the latest in a string of historic breakthroughs for the
American oil industry. In fact, record-breaking production levels, explosive global demand,
and increasing instability plaguing rival producers are putting the nation on track to
become the world's most important oil producer...
And that's setting our top oil stock to buy for tremendous profits...
The latest estimate from the EIA is the latest in a string of historic breakthroughs for the
American oil industry. In fact, record-breaking production levels, explosive global demand,
and increasing instability plaguing rival producers are putting the nation on track to
become the world's most important oil producer...
And that's setting our top oil stock to buy for tremendous profits...
The price of commodities and the stocks that rely on them don’t always sync up.
For example, when gold is strong, gold stocks tend to be strong, as well.
But there’s money to be made when the prices diverge, like the 100% gainer we’ll show you today.
WTI oil prices started at $45 this year but have since rebounded to over $65.
They're still projected to shoot up to $75 per barrel by the end of August.
So we've picked the best oil and energy stocks to buy now, to help you take the biggest bite out of this 20% industry gain.
With the oil industry's big comeback, it's time to jump in on this MLP.
Since this company stores and transports oil, it's not vulnerable to the volatility of the market.
This means as long as oil is needed, the company will continue to grow and be profitable.
WTI crude oil prices continue higher in 2019 and are now up almost 40% from their December lows.
While consumers are feeling the effects of near $60-per-barrel oil prices at the gas pump, the rally has created a huge opportunity for investors.
Oil prices may never reach their spectacular highs in 2008 again, and the reason is less obvious than you might think.
And this subtle new trend could make OPEC completely irrelevant.
Once you see the chart below, you'll never want to own a share of Exxon Mobil stock again...
Several factors are fueling a rise in crude oil prices right now. And we're just getting started on an extended crude price rally that will take us through the third quarter of 2019.
The price of WTI crude oil is sitting just below a 2019 high, near $56 per barrel. The same goes for Brent crude, which pushed to the brink of $67 per barrel.
So far, the market is off to a blazing start in 2019, and we've bounced more than 10% off the December lows.
Is it sustainable?
Your guess is as good as mine. There's still a ton of uncertainty in the markets rights now.
It's no secret oil prices have taken a beating over the last two months. WTI crude oil plummeted 24% from $75 a barrel in October to $57 a barrel today.
Normally, a collapse like that would send oil investors into a panic. And sure, a few media personalities are acting hysterical.
Today, we're going to show you one of the best oil pipeline stocks to buy. Because right now, the crude oil market (and energy in general) is in an extremely bullish trend.
Domestic oil production has reached historic levels, at more than 11 million barrels per day.
And as production rises, demand is increasing for oil pipelines every single day...
On June 28, U.S. benchmark crude closed at its highest price since 2014 as domestic oil supplies fell to their lowest levels of the year. The drop, caused by rising international demand for American crude, has left American oil producers scrambling to catch up - and created a great profit play in oil stocks.
Oil's aggressive jump pushed oil stocks to fresh highs over the last week. This SPDR S&P Oil & Gas Exploration & Production ETF rose a full 3% in just 48 hours on news that crude supplies had declined by 9.9 million barrels.
This was 7.6 million barrels more than the U.S. Energy Information Administration expected...
One of the best oil stocks to buy right now is currently priced as a steal, and it could make you a bundle of money as oil prices climb over the summer.
As oil markets continue to recover from the 2014 oil supply glut, we've identified the best oil stock to buy in order to profit from rising oil prices.
Since hitting a low in February 2016, West Texas Intermediate crude oil (WTI) has risen 133%, recently closing above $70 for the first time since 2014.
On Tuesday (May 22), West Texas Intermediate crude futures hit $72.72 a barrel, their highest level since 2014.
This is just the latest benchmark in a nine-month rally that has seen oil prices soar over 50% since August 2017.
Oil's aggressive rally has pushed oil stocks up as well.
SPDR S&P Oil & Gas Exploration & Production ETF, an ETF comprised of oil stocks, has gone up 48% since last August.
For comparison, the S&P 500 has only gained 13% over the same period.
With stocks riding increasing oil prices to new market highs, we've identified the best oil stock to buy as the rally continues.
It's a mid-cap oil company that facilitate oil transportation - and it's on track for strong gains.
On May 9, oil surged 3% to break $71 a barrel, its highest price level since 2014.
A range of geopolitical developments were responsible for the jump - America's exit from the Iran nuclear deal and OPEC's announcement that it would attempt to rein in member output were just a few.
However, these short-term gains are just the beginning.
