Investing in Oil Firms with Competitive Advantage

The U.S. oil and gas market has been exhibiting tremendous growth, and those looking for opportunity to invest in oil markets will have to focus on competitive advantages. Oil firms that continually seek new ways of producing this commodity closer to where the market is are worth looking into. Also, companies that take advantage of new technologies in oil exploration and drilling are good...
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Brent Crude Oil Prices Exceed $113 amid Robust Economic Data

Brent crude oil prices remained at levels over $113 on Tuesday amid signs of growth in budgeted spending among U.S. businesses. These encouraging signs were observed a month ago, bolstering hopes that economies in general are on the mend. Market traders, however, continue to be vigilant pending publication of official economic data from the U.S. and China in the next few days. Meanwhile, U.S....
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Oil Prices Inch up as Talks of Raising US Debt Limit Prevail

Crude oil prices went up Friday when news broke out that the House of Representatives was pushing for a higher debt ceiling. If approved, the new debt limit may be sufficient to cover impending obligations for the next three months or so. According to the International Energy Agency, markets could expect oil prices to inch up some more as China’s oil consumption for 2013 is expected to reach a...
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US Drivers will Experience Low Gasoline Prices for Independence Day Travel

Americans who will be taking road trips for the upcoming Independence Day will feel a break at the pump with continuous declines in gasoline prices all over the country. The average gasoline price for regular gas throughout the United States has fallen by 28 cents over the past month to $3.35 per gallon, said the AAA. The drop is even larger in California, which saw a 50-cent decline in the...
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Drop in Gasoline Prices may be a Beneficial to US Economy

The Federal Reserve and Congress are unlikely to give any significant economic stimulus. However, gasoline stations might. The average gasoline price has declined by around 10%, or 40 cents, since it reached the peak level of $4 per gallon in the early parts of April. With the expected gasoline consumption of 133 billion gallons this 2012, the reduction of 40 cents can add up to around $53...
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