Crude Oil Sinks 20% Despite OPEC Production Cuts

On January 1, the long-awaited agreement between OPEC and its major exporting partners like Russia to curtail production by 1.8 million barrels a day went into effect. And, according to the mainstream experts, the massive effort to cut the oil glut would also light the fire beneath oil prices. But that’s not what happened…

WTI Crude Oil on the Move $112 Next Stop

The energy sector has surged during the last two months which can be seen by looking at the XLE Energy Select Sector Fund. If crude oil continues to climb to the $112 level, XLE will likely continue to rally for another few days or possibly week as energy stocks are considered a leveraged way to […]

Three Investment Sectors Ripe for Speculation in 2013

With sovereign economies around the world still trying to find their footing after the global financial crisis of 2008, investors are looking at industries and investment sectors that will present opportunities for speculation and profit in 2013. Although the economy of the United States is far from a full recovery, Wall Street has reacted positively to […]

Oil and Gas Stocks

Oil and gas along with their equities have been underperforming for the most part of 2012 and they are still under heavy selling pressure. I watch the oil futures chart very closely for price and volume action. And the one thing that is clear for oil is that big sellers are still unloading copious amounts […]