Call it a "crude awakening." Energy stocks plunged Friday after OPEC announced no cuts in production, a decision that sent oil prices crashing to their lowest levels since May 2010. Shares of Dow components Exxon Mobil (XOM) and …
Generate Income With Undervalued Oil Stocks by Chad Shoop, The Sovereign Investor. After just four days of March Madness, all the brackets have been busted — mine was busted after the first day. I had picked only one major upset, …
Out of all the major commodities-stocks sectors that are thriving in today's commodities bull, oil stocks are probably the surest thing. While their ultimate returns won't be as high as smaller high-flying sectors like precious-metals stocks, oil …
The plunge in oil prices has slammed oil producers, explorers and drillers. It makes sense that the meltdown is also creating huge headaches for oilfield services companies, the ones that provide the equipment and technology needed to …
We really don’t know as much about the oil market as we think we do. There are many numbers out there, but most of these involve a lot of guesswork. For example, we really don’t know just how much oil the world will need. The US …
Wall Street shares eased back from earlier losses on a day of turmoil on global markets when the plunging oil price again panicked investors. The Dow Jones and S&P 500 indexes closed 1.56% and 1.2% down, after tumbling more than 3% …
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We believe the oil sell-off is overdone and expect the commodity to find a floor in the low $80s. We expect firming global growth to increase the market’s confidence in global oil demand despite weakness in Europe. Energy service stocks …
09:40a ICYMI: UK Middle East Minister of State talks Iran sanctions, $80/b oil and .. 09:35a Ficci for urgent excise duty cuts on fuel as transport oil prices cross previ.. 09:35a ING - The Commodities Feed: Funds cut long bets: Speculators …
Crude oil has had some large price swings this year and another one may be on its way. This report shows the seasonality of crude oil along with where oil is trading and what the oil service stocks are telling us is likely to happen going into …
Oil India Ltd. is an investment holding company, which engages in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil, and production of LPG. It operates through the following …