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Economy, Stocks

“Oil flirts with 3-year highs: Lock in these stable 5%+ yields before they disappear”

September 27, 2021

“A rebound in oil prices — and oil stocks — presents an unexpected opportunity for investors to collect some healthy dividend checks while fundamentals continue to improve. On Friday, oil prices rose for a third straight week near three-year highs… Continue Reading…

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Economy, Stocks

“Are Oil Prices Heading To $64 or $200? Depends On Who You Ask”

September 10, 2021

“Brent Crude prices are set to retreat to $64 a barrel by the end of 2021, one of Japan’s leading banks says, while the energy minister of a Gulf oil producer warned that the International Energy Agency’s suggestion of no… Continue Reading…

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Economy

“Lukoil: OPEC+ Aims To Keep Oil Price In The $65-75 Range”

September 8, 2021

“The OPEC+ alliance looks to keep oil prices in the range between $65 and $75 per barrel, and this is a comfortable price for consumers, Vagit Alekperov, president and CEO at Russia’s second-largest producer, Lukoil, told Russian newspaper Kommersant. Brent Crude prices have not… Continue Reading…

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Economy

“Oil Could Hit $80 by Year End, JPMorgan Says. Here’s Why.”

July 21, 2021

“Oil is likely to jump to $80 a barrel by year end amid expanding demand and a lack of supply, according to JP Morgan analysts led by Joyce Chang. The upcycle in energy prices is supported by a surge in demand as the world… Continue Reading…

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Economy

“Oil prices tumble under $70 a barrel after OPEC+ reaches production deal”

July 19, 2021

“Crude prices tumbled to start the week, after Organization of the Petroleum Exporting Countries and its allies, including Russia, reached a deal to boost oil production amid climbing demand. West Texas Intermediate crude for August delivery  CL00, -3.73% CLQ21, -3.70% dropped nearly 3.7% to $69.16… Continue Reading…

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Stocks

“10 great stocks to own because oil prices have surged: Goldman Sachs”

July 7, 2021

“Mehta outlined 10 oil stocks he is bullish on in a new piece of research on Tuesday: (1) Occidental Petroleum (OCY); (2) ExxonMobil (XOM); (3) Ovintiv (OVV); (4) Diamondback Energy (FANG); (5) ConocoPhillips (COP); (6) EQT Corporation (EQT); (7) Pioneer… Continue Reading…

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Economy

“Oil could spike above $100 next year, Bank of America says”

June 21, 2021

“Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America. The firm identified three factors on both the demand and supply side that should support prices into 2022. Analysts led by Francisco Blanch… Continue Reading…

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Economy, Stocks

“Oil Breaks Through $70 a Barrel. Here’s How It Could Keep Going.”

June 8, 2021

“Oil prices have rebounded even faster than most oil bulls had expected, and on Monday, oil futures briefly crossed a key threshold. West Texas Intermediate futures, the benchmark for U.S. oil, rose above $70 a barrel late on Sunday, the first… Continue Reading…

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Stocks

“These energy stocks are expected by Wall Street to rise up to 37% over the next year”

May 21, 2021

“Expected earnings growth The first shows the 20 largest energy companies in the S&P 1500 by market capitalization, with their consensus earnings estimates among analysts polled by FactSet for calendar 2021 and the following three years, if available. You may… Continue Reading…

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Economy

“Gas, Food, Lumber, Homes: More and More Expensive”

May 18, 2021

“Used cars, homes, lumber, gas and chicken: What do they all have in common? They’re all getting more expensive. The stimulus-fueled economy is rebounding and Americans are again spending on shopping, traveling and eating out. But the pandemic is far from over, and supply-chain… Continue Reading…

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