Oil and Gas

Looking around the world, there are lots of good economic indicators. One of our favourites is the crude oil price.

Crude is used in multiple industries, particularly transport. It’s also used in food. As a matter of interest, I’m not talking about vegetable oil either. It’s used in lollies, laxatives, mints and chips. Plus much more. Kitchen items, clothing and furniture also use crude oil. Interestingly, petroleum is used to make clothes colourful and non-flammable.

Oil Price in Australia

With its widespread use, crude provides a good picture of how the global economy is tracking. Our editors cover crude oil frequently. So, if you’re looking for the latest analysis & oil prices, you have come to the right place. History shows a fortune can be made in the oil and gas sector, when investing in the right companies. But you also need to invest at the right time. When’s the right time? Well, our editors will try and give you that answer.

Read more
oil price rise
Why the Oil Price Surge Is Set to Continue
Watching the price of oil is like watching the price of bitcoin. Many are asking themselves when this rally will end. It’s extremely hard to predict future prices, especially those of commodities. But you’d have to agree that if the supply of oil continues to fall, then prices should continue to increase.
oil stocks
The ‘Good’ News for ASX Oil Stocks
Pay attention to what’s happening in the Middle East. If Saudi Arabia makes another unpredictable move — one which could happen at any time — it could be good news for ASX-listed crude and oil stocks.
oil pumps across Saudi Arabia
Saudi Arabia’s Gambit to Boost Oil Prices
To break even next year, Saudi Arabia needs oil prices to stay above US$70 per barrel. I believe there’s an extremely low chance of oil prices staying above that level, let alone hitting it. That is, unless a major war breaks out in the Middle East. That’s why Saudi Arabia appears to want a bigger war in the region to drive crude prices sharply higher.
Copper price
The High Stakes in Copper’s Future
Copper prices have retreated once again. Currently, it’s down 0.8% to US$6,810 per tonne. But traders are looking to the future and in turn, the futures market. And some of the stakes are growing to extremes.
crude oil price
The Midnight Oil Can’t Be Burnt Forever
Globally, we consume around 96 million barrels of oil every day. At this rate, worldwide reserves are estimated to dry up by 2039. Not far off at all. It’s the delicate balance of supply and demand that makes the crude oil price one of the best economic indicators. And for the past two years, it has been soaring.
crude oil price dropping
Why Crude Oil’s Run Simply Won’t Last
Crude oil’s definitely had a good run. But, unfortunately, one rally — an impressive one at that — doesn’t make a bull market. Crude oil still isn’t in a bull market. This is a two-year rally, just like many other commodities. I believe, unless a war breaks out in the Middle East, we should still see new lows in the months ahead.
US shale myths and facts
US Shale and The ‘Energy Freedom’ Myth
US shale developments have a history of exploding with production growth before rapidly drying up. Overly-optimistic oil companies are lapping up the low interest rates in the US, as it allows them to expand through increasing debt. Yet, seemingly, being positive cash flow doesn’t matter when you are ‘investing’ in the future.