Oil – Stepping away from the pack, Andrew Coleman of Raymond James Equity Research is making a contrarian forecast for an oil glut in 2014. Shale oil production is on the ascent, with the United States joining Saudi Arabia on the supply side, while China's hunger for oil may be sliding and demand in developed countries remains in decline. In this interview with The Energy Report, Coleman explains his thinking and names the producers best positioned to capitalize on the turbulence ahead.
Articles Tagged "crude oil supply"
Oil – US oil production is reaching its highest levels in well over a decade; that means investors could find themselves in a major oil-price headwind in 2013.
Oil – Reuters reported that oil declined despite fears that conflict in the Middle East may disrupt supply. Gains were suppressed in part due to the expected restart of TransCanada Corp.'s (TSX:TRP) Keystone pipeline.
Oil – As more countries look to tap emergency crude reserves in an attempt to quell soaring fuel prices, many are questioning the real motives behind the move.
Heavy Oil – Financial Post reported that China is competing with the US to secure supply of crude oil from Canada.
Crude Investing News reports crude oil is expected to double in the next 30 years. For several years, the forecasted growth in Canadian crude oil supply, primarily due to the development of the Alberta oil sands, led industry to conclude there was an urgent need for additional pipeline capacity to connect to new and expanded markets. [...]