The Oil Company Well Keeps Gushing

The Oil Company Well Keeps Gushing

Soaring fuel prices have boosted inflation to a year-over-year increase of 8.6%, the highest level since 1981! And there is more to come: the lack of refining capacity is expected to drive up U.S. gasoline prices by more than a...
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Buffett’s Buying Oil Stocks

Buffett’s Buying Oil Stocks

After listening to the Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) Annual Meeting on April 30, 2022, we thought it would be appropriate to frame the aggressive buying of Occidental Petroleum (NYSE:OXY) and Chevron (NYSE:CVX) in the first quarter of this...
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5 Oil Refining Stocks On Watch Amid Biden’s Petroleum Reserve Release

5 Oil Refining Stocks On Watch Amid Biden’s Petroleum Reserve Release

Major economies are looking to increase the supply of oil to calm down prices President Joe Biden’s administration is taking a proactive approach to handling the oil crisis. He decided to tap into its strategic petroleum reserve in a bid to cool...
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Oil Prices Could Peak To $100 In 2022, Experts Warn

Oil Prices Could Peak To $100 In 2022, Experts Warn

According to Bank of America Corp (NYSE:BAC)’s analyst Francisco Blanch, oil prices could peak to $100 next year if the high demand continues. The limited supply and ineffectiveness of shale in the U.S. have sent oil to the highest since 2013. Brent surpa...
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Oil, Stocks, Bitcoin, & Gold Spot Price Relationships

Oil, Stocks, Bitcoin, & Gold Spot Price Relationships

Although it is a common misconception that the gold spot price and the stock market always trade inversely, looking at ratios and relationships between assets is immensely helpful. There are so many to consider because they all offer you a glimpse of...
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Oil: Exciting Politics

Oil: Exciting Politics

Oil prices take a breather from the soaring rebound as enthusiasm grows for the upcoming gathering of oil nations. Although oil policy generates some uncertainty in the short term, market fundamentals suggest greater strength as demand grows with the recover...
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Could Silver Be Emerging From Gold’s Shadow And How Does It Correlate With Oil?

Could Silver Be Emerging From Gold’s Shadow And How Does It Correlate With Oil?

Gold has long been the talk of the town thanks to the historical records it set in 2020 and its subsequent price correction, however, could we see a new rival emerging? Silver has remained in the deep shadow of the “main metal”...
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