There has not been much excitement for crude oil in 2010. The price has been consolidating since November 2009.........
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There has not been much excitement for crude oil in 2010. The price has been consolidating since November 2009.........
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Oil and Gas Investments Bulletin Editor and Publisher Keith Schaefer specializes in Canadian oil and gas plays. Despite the languishing gas price, he.....
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This week's commodity related video clips....
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By Keith Fitz-Gerald, Chief Investment Strategist, Money Morning U.S. President Barack Obama generated a lot of hubbub with his decision to open up parts of the Atlantic Ocean and Gulf of Mexico to oil drilling. We’ve all heard the criticisms that some of the geological surveys are as much as 30 years old, and...
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The long “sideways saga” of crude oil is over. That’s the idea behind our chart of the week. In late 2008, we told readers to load up on crude oil bets almost on the exact day the stuff bottomed around $35 per barrel. Oil was extremely cheap relative to gold back then. On cue,...
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This is not entirely true but metals and energies certainly fit the bill.....
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Although U.S. stocks have made a fairly smooth transition into Year Two of what’s so far been a near-record bull market, there are still many traps that can quickly ensnare a less-than-cautious investor. Moving forward, investors need to focus on quality, take the time to understand what’s really happening in Washington, and turn to...
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Great lease sale for the U.S. Gulf of Mexico last week. The Central Gulf of Mexico Oil and Gas Lease Sale 213 attracted 642 bids from 77 companies on 468 lease tracts. Most impressive was what these companies paid. High bids for the round came in at a total $949 million. That’s up 35%...
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Last week was nothing special as stock market continued to drift higher on light volume and the Volatility Index (VIX) reaching a new multi year low. This mix of higher prices on light volume, multi year lows in the VIX and an overbought market paints a clear picture to a market technician – Be...
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Matthew Bradbard's Daily Commodity Wrap.....
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