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Posts Tagged opec


Can You Benefit from the Oil Price War?

Stocks are nearly in a bear market as defined by a 20% drop in prices over the last month. The 7% fall on Monday, March 9, puts it on the list of worst one-day performances along with a whole bunch that led into the Great Depression and more-recent Great Recession. The aging bull market was already in trouble because of the economic effects of the coronavirus, but now the Saudi‚Äôs have slashed prices and started an oil price war. Our question is, how can you benefit from the oil price war aside from being […]

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How Low Can Oil Prices Go?

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Lower oil prices are driving energy stocks down and the market with them. OPEC met and not only are major producers going to reduce production but countries like Iran are promising to […]

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Saudi Cash Reserves and the Price of Oil

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Saudi Arabia has been willing to drawn down on its cash reserves in what is essentially an oil war. Forbes notes that the oil producer will need $70 a barrel oil to […]

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