Tag Archives: oil prices

$10 Trillion Investment Needed to Avoid Oil Price Spike: OPEC

OPEC does not see oil prices returning to triple-digit territory within the next 25 years. The group expects oil prices to rise by an average of about $5 per year over the course of this decade, only reaching $80 per barrel in 2020. From there, it sees oil prices rising slowly, hitting $95 per barrel in 2040.

Read More »

Strippers Suffering From Low Oil Prices

As oil producers confront below $50 a barrel prices for a prolonged period, some will finally start to significantly curtail or even shut down operations. And that is going to severely hurt an all but invisible group; strippers in the United States.

Read More »

Oil Jobs Lost: Texas Likely to See Massive Layoffs Soon

Oil and gas companies have laid off more than 250,000 workers around the world, a tally that will rise if oil prices remain in the dumps.

Read More »

This is What Needs to Happen for Oil Prices to Stabilize

Oil inventories will remain high in some parts of the world and will be drawn down in others. But overall, rising global demand and shrinking U.S. production (and other areas as well) will begin to eat away at inventory. It just requires some patience. And markets won't wait to adjust pricing until we hit a balance.

Read More »

Global Oil Supply More Fragile Than You Think

With spare capacity shot and major new sources of oil not coming online in a few years, the world may end up struggling to meet rising oil demand. That could cause oil prices to spike.

Read More »

Top 6 Myths Driving Oil Prices Down

The oil industry has finally come to realize that the “Trillion Dollar Swindle” in oil is very real and normal supply and demand dynamics no longer apply. The law of diminishing returns in more supply is real thanks to media hype.

Read More »

More Job Losses Coming to U.S. Shale

With the recently concluded nuclear deal between Iran and the P5+1 countries, oil prices have already started heading downward on sentiments that Iran's crude oil supply would further contribute to the already rising global supply glut, forcing oil companies to reduce costs. Some of the major oilfield companies like Schlumberger, Halliburton and Weatherford have already announced close to 20,000 layoffs as of February 2015.

Read More »

The Multi-Trillion Dollar Oil Market Swindle

Putting numbers behind it, with worldwide production running some 95 million barrels per day, and assuming $55 per barrel for oil, the market for crude oil is about $5.2 billion per day. Each $10/Barrel change is worth nearly $1 billion/day or $365 Billion/year for the worldwide crude oil market. Add the worldwide equity market caps of oil and oil related equities and debt you have a scandal that is in the trillions.

Read More »

Now is a Good Time to Pick Up Some Oil Stocks

If demand in China continues to weaken or if the Greek tragedy drags Europe and the rest of the world into the mire, then energy stocks would be hard hit. That is why protecting positions with stop loss orders is essential if you buy into the sector here.

Read More »

New Innovation Will Help US Companies Win the Oil Price War

A new wave of innovation is hitting the oil patch, allowing for a significant reduction in drilling costs. If efficiency gains continue at this pace, the US may weather the onslaught of Saudi oil much better than many expected.

Read More »