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U.S. Deep-Water Offshore Oil Industry Trainwreck Approaching
Article By:
Steve St. Angelo
Wednesday, October 25, 2017 7:19 PM EDT
The U.S. deepwater offshore oil industry is a trainwreck in the making. The low oil price continues to sack an industry which was booming just a few short years ago.
Ask Slim Market Week - Friday, Oct 20
Video By:
Steve Miller
Friday, October 20, 2017 6:15 PM EDT
The stock market kept rocking all week as IBM and the financials helped push the Dow over 23,000 although Apple made the market nervous later in the week with iPhone 8 sales. The tax reform deal also helped lift stocks higher and push bonds lower.
Oasis Petroleum Inc., Ensco Plc: Eyes On Oil As Saudi Arabia Purportedly Considering Alternatives To IPO For Saudi Aramco
Article By:
Insider Monkey
Monday, October 16, 2017 4:54 PM EDT
An eventual IPO of Saudi Aramco could still happen, however, although the timeline is now in question. Oil bulls certainly hope that the adoption of electric cars doesn’t negatively affect oil fundamentals too much.
Ask Slim Market Week - Friday, Sept 29
Article By:
Steve Miller
Friday, September 29, 2017 6:25 PM EDT
The tax plan is her and bonds dropped as small caps rallied along with the rest of the market this week. Lows were met with buyers as the Dow Jones and the Nasdaq almost touch new highs.
The Portfolio That Will Double In Three Years
That may reduce your portfolio by 50% with Four Energy tickers when the price of oil can go down to $30 a barrel! Especially $RIG.