Smart companies are beginning to ignore analysts' insistence that production growth is always good, and to focus instead on growing their margins by lowering capital expenses. This is good news to US Global Investors Inc.'s Brian Hicks and Ralph Aldis.
Is our energy future one of falling prices and plentiful supply or should we prepare for declining supply and sky high prices? lThe energy economist from the University of California at San Diego gives some answers.
The North American oil market is going through a fundamental change that will affect the price of oil for the rest of this decade – fast-rising shale oil supplies from North Dakota and Texas. This could mean lower oil prices for the next several years.
As crude oil prices fall far below $100 a barrel, the trend is affecting the most oil-dependent economies in the world. You see, whether we're talking about a country or a company, having a "competitive advantage" is one of the most important principles.
An array of macro forces is pulling on oil prices. It is good news at the pump, but the price plunge is a symptom of a sick global economy and it's time to finish the trade by closing out the call options.
Monday's trading in New York opened under selling pressure for all of metals in the complex. Gold fell $13.40 per ounce to start at $1,552.30 on the bid-side. Silver opened with a $2.94 per ounce loss and was quoted at $45 in fairly hectic early action.