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Iraq Crude Floods U.S. Market
Exxon Mobil Corporation (XOM) –NYSE Watchlist 81.97 0.38(0.46%) 12:27PM EST – NYSE Real Time Price Prev Close: 82.35 Open: 82.41 Bid: 81.81 x 700 Ask: 81.82 x 500 1y Target Est: 83.35 Beta: 1.01531...
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Oil Declines As Ships Lined Up at Houston To Offload Oil : Bloomberg
After some initial excitement, November has seen crude oil prices collapse back towards cycle lows amid demand doubts (e.g. sllumping China oil imports, overflowing Chinese oil capacity, plunging...
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Oil Prices May Plunge : ‘Super Contango’
It looks to be a volatile final few weeks for crude oil prices. So far, the low for WTI oil prices (WTI) in 2015 of $37.75 a barrel set in August stands as the low price point — but not for long....
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The US Energy Sector on the Verge of a Cataclysmic Default
The U.S. E&P sector could be on the cusp of massive defaults and bankruptcies so staggering they pose a serious threat to the U.S. economy, according to Paul Merolli, a senior editor and...
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Kinder Morgan ( KMI) / Shipping Sector/ Natural Gas – Why Chase Stocks Down ?...
There was a recent video / interview of Jim Cramer saying his industry sector guru called $ 20.00 as the bottom but Cramer saw the stock in free fall and just did not know. Analysts have been split...
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OPEC Says Crude Production Rose to Three-Year High in November $ 100 Never Again
iraq led output gains, countering pullback in Saudi Arabia Non-OPEC supply seen falling by 380,000 barrels a day in 2016 OPEC raised crude output to the highest in more than three years as it pressed...
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Encana -OIl and Natural Gas – Prayer Is Not A Strategy : Get Out
Too little , too late The company will outspend cash flow next year, with its cash flow of $1 billion to $1.2 billion reflecting a cash shortfall of $550 million, based on U.S. crude prices of US$50...
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GET YOUR PORTFOLIO THE HELL OUT OF ENERGY : PRAYER ISN’T AN INVESTMENT STRATEGY
Natural Gas Price Dips on Low Demand for Heating The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 34 billion cubic feet for the...
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Braggin’ Rights : Oil Continues To Curse ( your) Portfolio Results
My rant – the curse of Cassandra : Cassandra, daughter of the king and queen, in the temple of Apollo, exhausted from practising, is said to have fallen asleep – when Apollo wished to embrace her,...
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Look Out Below :Oil prices hit 11-year low as global supply balloons (...
LONDON (Reuters) – Brent crude oil prices hit their lowest in more than 11 years on Monday, driven down by a relentless rise in global supply that looks set to outpace demand again next year. Oil...
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