Wealth Creation Through Natural Resources
As the cyclical bull market in U.S. oil & gas which began in January 2016 progresses, mid-tier and major producers will need to replace their depleted reserves. In addition to shuttering a sizable chunk of existing production, the severity of … Continued
WTI crude oil broke key support at $52 today and speculative positioning in crude oil futures bodes well for further downside over the near term: WTI Crude Oil (Daily) A classic bearish candlestick pattern with a large red bodied … Continued
Select Sands (TSX-V:SNS) is one of the hottest and most undervalued silica sands stocks in the entire market. Last week Select Sands entered into an agreement to purchase a dry processing plant, operating equipment, saleable inventory, and customer lists amongst … Continued
Via Casey Smith of Tulsa World: Jericho Oil Corp. is thought of as a Vancouver company, president and CEO Allen Wilson said. But with the growth and acquisitions of the past year and a half, Tulsa is becoming Jericho’s … Continued
Bank of America/Merrill Lynch (BAML) is out with a powerfully convincing bullish call on the energy sector encompassing more than 20 charts. Here are some of the key highlights: BAML calls for oil prices (WTI) to rally to $54/barrel … Continued
Post transaction, Jericho to have more than 75,000 net acres in core focus area TULSA, OK and VANCOUVER, BC, Aug. 8, 2016 – Jericho Oil Corporation (“Jericho” or the “Company”) (TSX-V: JCO; OTC: JROOF) announces its affiliate Eagle Road Oil, … Continued
The market has done what it does best and that is to adjust to supply & demand and settle into a new equilibrium price range: The global crude oil market is moving back into deficit after spending the last couple … Continued
Crude oil has nearly doubled from its February low and has carved out a fairly robust uptrend during the first half of 2016, recently finding support near its rising 50-day simple moving average: WTI Crude Oil (Daily) The uptrend … Continued
The name of this website is energy & gold.com so it’s only fitting that we analyze the charts of gold and crude oil this weekend: Gold (Weekly) I’m going to sharpen my pencil here and say that we need … Continued
A Surprising Turnaround in Frac Sand Demand Frac sand (proppants) have seen a surprise turnaround in demand projections during the first half of 2016. Many investors and industry observers left this segment of the oil market for dead at … Continued