Streetwise Articles
Sheldon Inwentash: Opportunities Abound in Uranium Sector
Source: The Energy Report (1/8/09)
With more than 20 years of experience in the investment industry, Sheldon Inwentash, chairman and CEO of both Mega Uranium and Pinetree Capital, sheds some light for The Energy Report on what he sees as "tremendously positive signs" for the future of uranium. Inwentash says this is one of the best buying opportunities we'll ever see because there are so many companies with qualified assets trading at a discount to cash.
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Sector Snap: Oil Companies Fall on Reserves Report
Source: Forbes (1/7/09)
". . .despite the inventory glut and declining demand. . .geopolitical threats to supply and positive developments among oil companies are holding up the sector."
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Saudi Rejects Call for Oil Embargo over Israel
Source: Reuters (1/7/09)
". . .oil is not a weapon. You can't reverse a conflict by using oil."
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Good Riddance, 2008
Source: The Energy Strategist, Elliott H. Gue (1/7/09)
". . .major energy indexes are approaching a key low, setting up for a major rally that will kickoff no later than mid-2009."
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S&P 500 Energy Sector Up 8 Days in a Row
Source: Seeking Alpha, Bespoke Investment Group (1/7/09)
"When the sector has been up 8 days in a row. . .it has actually gone up on the 9th day 70% of the time."
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Commodities Volatility Indicate Firming Demand, Rising Prices
Source: Seeking Alpha, Calafia Beach Pundit (1/7/09)
"Today, with demand firming and in the absence of relentless selling pressure, prices are rising."
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U.S. to Collect Less Offshore Oil Revenue: Government
Source: Reuters (1/7/09)
"The United States will collect $77 billion less from federal offshore drilling leases over the next 9 years than previously estimated. . ."
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Oil Tumbles 12% as U.S. Supplies Rise More Than Forecast
Source: Bloomberg (1/7/09)
"Oil futures tumbled. . .the most in more than seven years following bigger-than-expected increases in supplies and further drops in consumption."
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New Bull Market for Oil?
Source: Seeking Alpha, Bespoke Investment Group (1/6/09)
". . .oil is already well into a new bull market. . ."
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Oil and Gold May Be Best Commodities Prospects in 2009
Source: Mineweb (1/2/09)
"It would not be unreasonable to look for a doubling of the oil price within the next few months."
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Uranium Stocks Double in One Month
Source: The Uranium Stocks Newsletter (1/1/09)
". . .threat of supply cuts should. . . put the spot light back on nuclear energy."
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Why Crude Oil Will Be a Golden Opportunity for Investors in 2009
Source: Money Morning (12/29/08)
"When the recessionary tide finally recedes, all of the factors that drove oil to its record high last summer will once again be exposed."
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China to Boost Oil, Gas Imports amid Price Slump
Source: Reuters (12/29/08)
"China will take advantage of sliding oil prices to increase imports and build up its strategic reserves."
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Firms to Pipe Burma Oil to China
Source: BBC (12/29/08)
"Burma signs 30-year deal to pipe natural gas into China."
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Oil back near $100 by 2010-2015
Source: Reuters (12/29/08)
"Continued downward pressure on oil prices to in 2009, but prices to move up again in 2010 with a recovery in the world economy."
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Stock Futures Edge Higher as Oil Rebounds
Source: MarketWatch, Simon Kennedy (12/29/08)
"Oil to remain in focus after a second day of strong gains pushed February light crude contract back above $40 a barrel."
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Kuwait Scraps Massive Dow Chemical Joint Venture
Source: MarketWatch, Michael Kitchen (12/29/08)
"Move to scrap the $17.4 billion dollar joint venture, which was to be known as 'K-Dow,' is a severe blow to Dow."
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Challenges of Global Oil-Price Roller Coaster
Source: The Cutting Edge (12/29/08)
"A number of trends firmly in place point to higher oil prices and will transform the global energy market."
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Why We Need Higher Gas Prices
Source: Seeking Alpha, Diane Lim Rogers (12/29/08)
"It's not just a higher price we need, but a higher and certain price."
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Alan Knowles, Haywood Securities: Finding that Elusive Bottom
Source: The Energy Report (12/29/08)
Haywood Senior Oil and Gas Analyst Alan Knowles says we haven’t seen a bottom yet, advising investors to watch the large companies when the market strengthens again. Meanwhile, demand continues to slide as OPEC plays catch up on a series of announced production cuts. And a pilot project involving a new oil sands technology is exceeding expectations; Knowles explains the significant advantage of upgrading oil in situ and foresees a bright future for the company that patented it.
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The Oil Cycle
Source: The Energy Strategist, Elliott H. Gue (12/24/08)
"If supply can't adjust to meet demand, the only economic factor left to move is price."
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Energy Stocks Retreat as Oil Falls Below $37
Source: MarketWatch (12/22/08)
Energy stocks on Thursday surrendered recent gains, with the sector holding up the white flag to oil trading below the psychological barrier of $40 a barrel.
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Has Oil Bottomed?
Source: Mineweb (12/22/08)
There has been a dramatic switch over the year from short energy positions, particularly oil, to long positions.
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Investors Ready for Iraq Business as Troops Pullout
Source: Reuters (12/22/08)
"Foreign investors have earmarked more than $9 billion for the oil-hub of Basra and the region around it in the next three years."
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Short-term Crunch for Russia’s Oil Companies
Source: Globe and Mail (12/22/08)
"Russia's top oil producer will seek a $4-billion loan from the state development bank in 2009."
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