As a rule of thumb when the ratio is below 9, oil is relatively expensive (and gold is relatively inexpensive) and when the ratio is above 20, oil is relatively inexpensive (and gold is relatively expensive).
Read More »Chart Suggests WTIC Oil Could Eventually Test $39 Level
Crude Oil is tanking of late as it breaks 3-year rising support! Where does long-term support come into play?
Read More »Commodity Currency Charts Suggest Commodities Headed For Violent Fall
The entire commodity complex has now embarked on the next cyclical bear market within the context of its long term secular bear. Once the next recession arrives this trend should accelerate. The decline we have seen so far is just the beginning of this trend.
Read More »These 5 Oil & Gas Stocks Look Too Tempting To Resist – Here’s Why
Today we have assembled a list of 5 TSX oil and gas stocks with the lowest forward looking EV/EBITDAX ratios (which include back exploration costs) so we can compare O&G exploration and production companies on a level playing field...
Read More »What Are the Implications of the Fall In the Gold/Oil Ratio To Below 20-to-1? (+2K Views)
The gold/oil ratio is recognized as a sort of canary in a coal mine, giving advance warning of turbulence ahead and, for the first time in 3 years, the ratio is below 20-to-1 compared to its historical average of 15-to-1. Were it to go above 20-to-1, making gold too expensive or oil too cheap, and we would be in crisis mode.
Read More »These 5 Stocks Could Power Higher With Higher Crude Oil Prices (+2K Views)
Today we have identified five TSX oil stocks that have industry-leading netbacks (the profit per barrel of oil) and could power even higher with increasing crude oil prices.
Read More »Advantage Oil & Gas Ltd. (TSX: AAV) Has the Advantage Over Its Peers – Here’s Why (+2K Views)
This article compares a key small-cap producer against its peers (with a 90% or higher production mix of natural gas to oil), to see which of the companies is best positioned to surge from rising natural gas prices.
Read More »Higher Oil Prices Would Benefit These 5 Juniors Most (+2K Views)
OPEC surprised the market with 90% output compliance in January and similar compliance results are expected in February as the United Arab Emirates and Iraq also catch up with their targets. That being the case, we have identified 5 oil juniors who would benefit most from a continued rise in prices.
Read More »Economist Intelligence Unit Commodities Forecast 2016-20
The Economist Intelligence Unit has produced its first global forecast since the Brexit vote. Please find below their forecasts for commodities until 2020.
Read More »Crude Oil Trading: Where It All Began & Future Predictions (+2K Views)
Today's infographic serves as the perfect primer for all the questions about oil that you had, yet were afraid to ask. It also illustrates the impact that unexpected geopolitical events can have on the oil price – and how this volatility can be contagious to other global markets.
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