The Platts Top 250 Global Energy Companies 2016

Platts, a unit of S&P published its annual ranking of the top 250 global energy companies for 2016. This list an excellent resource for investors looking to research the energy industry’s top players for potential investment opportunities. US oil giant ExxonMobil(XOM) tops this year’s list. Exxon has taken the top spot for the 12th consecutive …

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On The Real Oil Prices Over The Past 150 Years

Crude oil prices are on a roller-coaster ride this year.Brent Crude was down 1.76% and closed at $45.77 on Friday for November 2016 delivery. A year or two years it seemed prices would never fall under $100 per barrel and forecasters were even  predicting prices may reach $200. Now oil companies are desperately hoping prices …

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Crude Oil Prices Since 1861: Chart

Brent crude for November 2016 delivery closed at $46.83 per barrel yesterday.Just a few years ago oil trade well above the $100 mark it seemed that it would stay in that level forever. In fact, pundits were predicting that the price would reach $200/bbl. Since that totally useless forecasts oil prices have plunged dramatically. According …

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What is the Long-Term Relationship Between Oil and Stocks?

The S&P 500 is up by 1.80% year-to-date. Oil prices have recovered strongly from the recent plunge. In fact, Brent crude closed at $43.10 yesterday after falling below $30 per barrel in January. When it went below $30, experts were predicting $20 or even $10 per barrel. Now that it is over $40 not surprisingly …

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The Collapse in Oil Prices is Not an Unprecedented Event

Oil prices have fallen heavily since 2014. Prices reached more than $125 per barrel just a few years ago. On Friday Brent crude futures closed at $38.72/bbl. For a few years it seemed oil prices would hold forever at around $100/bbl. Oil producers, refiners and others enjoyed a great earnings period as US consumers were …

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Oil Prices May Have Bottomed

Brent oil prices closed at $34.87 yesterday. Oil prices have rebounded sharply in the past three days. According to a report by S&P, oil price gains of this magnitude have occurred only around bottoms. Click to enlarge Source: Oil Gains This Big Only Happen Around Bottoms, S&P Indexology