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What U.S. oil shale producers can do well at $45 a barrel? Here’s the take from Goldman Sachs
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Oil markets disappointed as OPEC does the expected
OPEC and allied non-OPEC producers have agreed to extend oil production cuts at current levels for nine more months through March 2018. Oil markets, which had been expecting exactly this result for days now, fell on disappointment that OPEC didn’t go further and increase the size of production cuts.
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Adding Argentina’s YPF oil producer to my Volatility Portfolio
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Saturday Night Quarterback (on a Sunday) says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Most U.S. oil producers have hedged against a drop in oil prices
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Picks for the Permian Boom Part 2–Among shovel-makers my choice is Helmerich & Payne
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Oil falls below $50; market rethinks Trump reflation trades
West Texas Intermediate was down 2.74% to $48.90 a barrel today as of noon New York time. International benchmark Brent crude was lower by 2.60% to $51.73 a barrel. The drop in West Texas Intermediate brought the price per barrel below the psychologically important $50 level. Oil had already tumbled 5.7% in the last three trading sessions.
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ExxonMobil takes 3.3 million barrels of previously booked oil reserves off its books
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Selling ExxonMobil out of long-term 50 Stocks portfolio; keeping shares in Dividend Income portfolio
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