Welcome to this week’s Situation Room briefing, Oil & Energy Investor readers. The government shutdown has been wreaking havoc in all aspects of the financial world, and it’s only one point of contention these days.
The energy industry is being pulled this way and that with several geopolitical situations. This makes my job always interesting, and for the coming week, I have much to watch.
1. Oil Price Volatility
The drama that is the oil market continues.
And I am continuing to evaluate the crude oil and regional economic fallout from the escalating crisis in Venezuela – just one of the many factors involved.
The initial read on this was in a recent Oil & Energy Investor column in more detail, but the responses from the Venezuelan military and the Russians, combined with a curious silence from the Chinese (who own the greatest amount of Venezuelan debt collateralized by oil assets), and a rising death count in the streets all point toward a situation that is spiraling out of control.
U.S. sanctions against the Venezuelan oil sector will slam the global market, and I will be keeping a very close eye on this state of affairs.
2. A Wall of Conflict
As of this morning, the long-running government shutdown is on pause. On Friday, President Trump signed a bill to reopen the government for a temporary three weeks, while the border wall conflict remains unresolved.
Now, there is no sector that was not impacted by this crippling uncertainty, and energy is no exception.
So, this week, I will be analyzing the impact on the energy sector from this U.S. government shutdown. As always, I will keep you updated on the latest news.
An Old-Fashioned Profit Opportunity
The current geopolitical situation makes for a volatile oil market.
However, looking at my Energy Advantage Model Portfolio, you wouldn’t even notice.
Sixteen out of twenty three positions in the Portfolio are showing up in the green for their overall gains, and many are working to keep their heads inside the eye of the volatility storm.
And that’s not including the picks I haven’t yet recommended.
I’m constantly keeping a close eye on the way the market is moving, and I have a reference Rolodex kept safe in my desk drawer – a Rolodex that has some of the best and most influential contacts contained within.
Not to mention the dozens of potential profit opportunities.
If you’d like to get in on the action – and potentially profit in these troubled times – just click here.
P.S. I’d like to hear from you. How has the government shutdown affected you, your family, or your friends? What have you heard about what’s going on in energy outside of Oil & Energy Investor? Do you have any questions about the energy market as it stands today? Leave your comments and questions below, and I will compile answers for you soon.
The post The Situation Room: Between a Wall and a Hard Place appeared first on Oil & Energy Investor.
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