The predicted growth of electric vehicles will certainly hurt oil demand but that shift won’t be felt for another 15 to 20 years, which is more than enough time for investors to make money.
Multiple methods can be put into place to protect pipelines and other assets.
Several companies in the sector play crucial roles as the midstream grows to handle greater sales abroad.
It’s beginning to look a lot like a tight natural market everywhere you analyze, says Stratas Advisors.
These outstanding professionals will be recognized at the second annual Women In Energy Luncheon February 12, 2019, at the Hilton Americas, Houston.
Brent rose $1.88/bbl last week to average $61.41/bbl. WTI rose $1.47/bbl last week to average $52.64/bbl.
New presidency throws the country’s reform into uncertainty for investors.
After oil market dropped 30% from October, the market jumped 5% with OPEC’s decision to cut oil production by 1.2 million barrels per day.
Two-day marathon meeting leads to more bullish than expected oil output cuts by OPEC and its allies.
Plus, Mexico's new president takes a stance with oil majors, Berry Petroleum exits East Texas for California and Scotland-based Wood to build an NGL pipeline in West Texas.