Why crude oil prices are down despite Hurricane Harvey disrupting the market – With refineries on the Gulf coast shut down, the demand for crude oil has been correspondingly reduced, explains Rob Thummel of Tortoise Capital.
Energy: Value play or value trap? – Rob Thummel, Tortoise Capital Advisors managing director, weighs in on how to invest in oil.
For MLP Investors, All Eyes Are on OPEC Meeting Thursday Investors in energy stocks have been eager to see if OPEC production cuts would be extended and perhaps increased. “We are finally here,” is how Tortoise Capitol Advisors portfolio manager James Mick started off a discussion of the Thursday’s upcoming OPEC meeting. Read more here: […]
Thummel: Oil Could Reach $50 By End of 2016
Oil Prices Drop as U.S. Supplies Rise to Fresh Record U.S. Benchmark Crude Prices Fall Below $50 a Barrel Oil tumbled for the second day in a row, with the U.S. benchmark slipping back below $50 a barrel, after a government report showed U.S. crude stockpiles reached a new record high. Read more here.
Despite Cheap Oil, Energy Sector Provides Opportunities The energy sector has been dominating the headlines due to the dramatic drop in the price of crude oil in the later months of 2014, as global supply currently is exceeding demand. As is often the case in the short term, the market did not necessarily decipher quality, […]
Oil Surges Most Since 2012 as Slump Seen Curbing Output Crude in New York advanced the most since June 2012 after a drop in the U.S. rig count signaled the slump in prices over the past seven months will curb output. Read more here.
Falling Oil Prices Don’t Yet Pose Threat to U.S. Energy Industry Read more here.