|Day Low/High||102.87 / 104.04|
|52 Wk Low/High||78.44 / 119.14|
With oil production in the Permian Basin predicted to grow at a pace of 400,000 barrels a day per year until 2022, producers fear that they won't be able to get their crude out of the basin.
Permian Basin oil and gas producers are increasingly turning to rail and trucks to ship the flood of crude oil emanating from West Texas oil fields to Gulf Coast refineries and export terminals.
The global shipping industry is under intense pressure to reduce its sulfur emissions.
Rather than an outright short on commodities, consider a spread bet between long energy and short base metals.
Crude exports are the new U.S. energy game.
Crude has been rising since last June, and here are the names that I like here.
Economic conditions seem to be improving for laborers. Perhaps rapidly.
It is fitting that the next leader of Berkshire will be either Jain or Abel.
Aramco wants to almost double its refining capacity; here are some companies it could buy to do just that.
Saudi Aramco's efforts to bulk up its refining capacity before its planned initial public offering could be positive for global refiners.
Trade PSX from the long side, risking below $92 for now.
The revenue and profit gains from some of the biggest technology companies like Amazon AMZN, Alphabet GOOGL and Microsoft MSFT show that valuations aren't so stretched.
U.S. futures point a higher open following earnings beats from Amazon, Alphabet and Microsoft after the bell on Thursday.
Amazon, Microsoft, Alphabet and Intel all reported better than expected quarterly results on Thursday.
If oil can stabilize and move higher into the end of the year, I think there are some potential opportunities.
After the bullish run stocks have enjoyed for the last year, you'd better get your guard up.
PSX has deleveraged to a great debt-to-equity position despite the status of the energy markets.
Cheap crude, high gasoline demand and the ability to export product bode well for downstream energy companies.
Traders are seeing an opportunity in refiners, but data suggest margins could continued to be squeezed.
Some industry watchers have been bullish on the sector because the WTI-Brent spread isn't holding up, which is normally seen as a positive.