By Jonathan Weber: Along with a drop in oil price, most oil and gas companies were beaten down in the last weeks. Chevron (NYSE:CVX) is down 8% from its 52 week high from two months ago. The company's fundamentals, growth prospects and...Show More Summary
Between Ukraine and ISIS, 2014 has been a year marked by geopolitical tension. Yet, contrary to intuition, market volatility has continued to trend downward along with the price of gold and oil, while stocks continue to hit new all-time highs. Why?
Oil prices may have gone as low as OPEC is willing to tolerate. After several months of price declines, the secretary-general of the Organization of Petroleum Exporting Countries (OPEC) says the group may cut its production target for 2015 because of an abundance of supply.
By Lior Cohen: Shares of Chesapeake Energy (NYSE: CHK) lost more than 17% in the past three months. The fall in natural gas and oil prices and the lower than anticipated earnings in the second quarter may have contributed to the drop in the company's stock. Show More Summary
By Elite Wealth Management: Oil. Black gold. It's the lifeblood of the global economy. As essential as sunlight is to plants, so too is the world dependent upon oil to function. Around 80% of the world's total energy usage stems from fossil fuels like oil. Show More Summary
For now it looks as though increased domestic oil and gas production has saved the recovery. Were it not for this impressive rise in output, the current mess in Iraq and Syria would likely have driven global oil prices up to $130-140 a barrel, a level that could easily have stalled this country's already weak economic recovery. Show More Summary
By Bob Ciura: Crude oil has suffered a significant drop in just the past few weeks. After climbing above $107 per barrel, West Texas Intermediate crude had fallen all the way down to $92 recently. That represents a 14% decline in just a few weeks' time, which has caught many by surprise. Show More Summary
By Abba's Aces: I recently closed my position in Nabors Industries Ltd (NYSE:NBR) from my growth portfolio because I felt that I had a pretty good profit at the time and wanted to lock up some gains in addition to I felt the drop in oil prices were going to be prolonged. Show More Summary
By Price Point: Occidental Petroleum (NYSE:OXY), the fourth largest U.S. oil and gas company, continues on a restructuring path into a smaller, more streamlined exploration and production [E&P] company focused on the U.S. production growth. Show More Summary
By Lior Cohen: Oil prices remained relatively stable in the past few days as WTI oil price has been trading around $93-$94 and Brent oil at $97-$99. United States Oil (NYSEARCA:USO) is also relatively stable at $34-$35. Looking forward,...Show More Summary
By Bret Jensen: Small E&P energy stocks have been under pressure this summer on the recent decline in oil & natural gas prices. I have been writing recently on how I am slowly increasing my allocation into the E&P sector both on SeekingAlpha and Real Money Pro. Show More Summary
Falling oil and natural gas prices are weighing on Chesapeake's stock as much as anything this year.
It's been a while since I traded derivatives, or cared about commodity prices, but every so often, I see a chart that makes me miss working at the Federal Reserve Bank. Here is one such chart: Oil prices fell for the third month in a...Show More Summary
By Balanced Investing: America's energy sector is on a roll breaking records and making investors rich. According to the Energy Information Administration the United States produced 13.63 million barrels per day of oil and natural gas liquid in April 2014. Show More Summary
By Orange Peel Investments: By Parke Shall One of the biggest headlines this past week, aside from the rising strength in the dollar, has been the falling price of oil, which has tanked since reaching its highest levels in June. TheShow More Summary
Oil and gas stocks trended lower this week, as global crude oil prices declined on abundant supplies and indications of slower than expected demand growth. The International Energy Agency in its latest monthly report, cut its forecast for the growth in global oil demand this year. Show More Summary
By MetalMiner: By Stuart Burns In a recent post we looked at the state of the crude oil market, how demand has been weak as a result of refinery maintenance closures in Europe and lower domestic consumption in China. Even though China...Show More Summary
By William Sirett: I published an article on Tag Oil (OTCQX:TAOIF) on May 18th 2014 titled "Tag Oil - I am buying the dips under $2.75". I have and did buy the dips under $2.75 and since that date the share price has continued to decline and on Friday the stock closed $1.82 - ouch! Not so much a dip as a swan dive. About Tag Oil Tag Oil Ltd. Show More Summary