On a hot April morning, workers are furiously cleaning a decorative fountain in front of the executive office of Nigeria’s largest steel complex. An onsite power plant is being repaired by electricians. Others around the 39-year-old facility are clearing brush. In the middle of it all, administrator Abdul-Akaba Sumaila is meeting in turn with the 20 or so people crowding his waiting room,....More>>>
Since bottoming at $42.05 per barrel June 19, 2017, West Texas Intermediate (WTI) crude oil has been on a tear. Earlier this month, WTI crude oil prices raced above $70.00 a barrel for the first time in more than three years.
Today, we’re bringing you the two best ways to profit from higher oil prices as we head into the summer driving season…
While crude oil prices....More>>>
Mexico has taken the first steps in the world’s largest annual oil deal, asking Wall Street banks and other traders for quotes to lock-in its income from production through next year, according to people familiar with the matter.
The country has been asking counterparties this week for quotes to hedge output, the people said, asking not to be identified because the information is confidential.....More>>>
Related XOM Not Even Elon Musk Could Convince Donald Trump To Stay In The Paris Climate Accords Why Russia (And Probably Exxon) Want The U.S. To Lift Economic Sanctions Microcap With 6% Yield and Monthly Distributions (GuruFocus)
Related USO Trump Confirms US Exit From Paris Accord: He's Right, It Is A Bad Deal ....More>>>
&l;span&g;This is a terrible time to be an investor. That&a;rsquo;s what a client recently told me. He continued with half a dozen reasons why it was not a good time to be invested in the stock market. None of the reasons he listed were&a;nbsp;&l;/span&g;&l;span&g;farfetched&a;nbsp;&l;/span&g;&l;span&g;or even unrealistic &a;ndash; there were no conspiracy theories or worries about nuclear war or....More>>>