With a lessening of tensions in the Middle East, the Energy Sector retrenched last week. Although the price of crude oil rebounded in the latter part of the week, it was still down 0.9% and dragged many oil stocks down with it. [more]
It was somewhat of a wild ride last week as, at first, oil stocks surged with increasing global political tensions, but then they retrenched as these tensions dissipated. [more]
We close out the year on a high note. Our Model Oil Portfolio stands at an all-time high. We hope to continue this positive performance in 2020. [more]
The outlook for the energy sector has improved during December with positive catalysts including the OPEC+ cartel agreeing to cut production in Q1/2020, the successful IPO of Saudi Aramco, and crude oil price gains. [more]
The outlook for the energy sector, and particularly for the oil component, was given a boost on Friday as the OPEC+ cartel agreed to cut oil production in Q1/2020. Our Portfolio continues to perform relatively well but is still struggling to gain much traction in positive territory. [more]
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