Oil & Energy

Oil and gold are where it’s all at right now. Brent crude hit US$70 in the US session just gone. You don’t need me to tell you the reason. But we can’t ignore the lusty signal from gold, either. It’s back over AU$2,200...

Last Friday I said you should have exposure to oil stocks. One reason was the rising geopolitical risk coming out of the Middle East. The US is provoking Iran. You didn’t have to wait long to see this idea in action. That...

My oh my. We’re getting an inkling of the chaos to come in the oil market right now. And no one else is even remotely watching this. The Financial Times reports that the cost to chart an oil supertanker has tripled...

Today in Profit Watch, we cast our eye back over familiar territory: The oil market. For a year, we’ve tabled the possibility of an oil price spike in a ‘danger zone’ building around January 2020. For the...

Oh, Canada. The land of snow and mountain and maple syrup. The people are bluff and good-natured ­— and not American. I’ve never been there. I’m told it’s lovely. Except, it has a problem. There’s a secession movement brewing! Something is off in...

Wall Street rallied late last week. But Westpac’s results release this morning might cool things down in Australia before they even have a chance to get hot. We’d already tabled a dividend reduction for the bank. That’s what we got....

Shiver me timbers! Just what is going on in the Middle East right now? We left things on Friday with the thought that now is the time to be accumulating energy shares. And not a day passes before Iran announces that...

My oh my. We’re getting an inkling of the chaos to come in the oil market right now. And no one else is even remotely watching this. The Financial Times reports that the cost to chart an oil supertanker has tripled...

If the financial apocalypse arrives anytime soon, I don’t have a gun in the house…but I might have some tomatoes. I got some plants in the garden over the weekend. How nice to see those green shoots in the ground. There...

Yesterday’s Profit Watch contained a note of immodesty. It suggested some recent wisdom in being wary of bank stocks. Rest assured, oil continues to humble me every week. The oil price surge after the attacks on Saudi Arabia has dissipated as fast...