http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized Has the Price of Oil Stabilized? The news according to The Wall Street Journal is that stocks climb as oil prices stabilize. Has the price of oil stabilized and if so what does that mean for stock prices and the U.S. economy? “Oil and high yield have been all anybody wants to talk about,” said R.J. Grant, associate director of equity trading at KBW Inc., who added that modest gains in the price of oil on Tuesday helped boost stocks. In day-to-day trading, a key barometer of whether stocks can sustain gains has been the price of oil, traders said. On Tuesday, U.S. oil prices climbed 0.9% to $36.14 a barrel following steep declines in recent weeks. The price of oil remains down more than 32% for the year. “If we see continued stabilization there, maybe we will get a lift into the new year for stocks,” Mr. Grant added. Because the energy sector is a significant part of the stock market higher oil prices mean higher stock prices, on the average. However, the low price of energy has been a boon to many parts of the economy and higher oil prices will increase the cost of doing business across the board. In short, stabilized or higher oil prices will help some stocks and hinder others. How long will oil prices remain at the current level and will they recover to higher levels in the foreseeable future? What Does OPEC Say? The Organization of Petroleum Exporting Countries supposedly sets the price of oil by controlling supply. Many in OPEC want lower production in order to raise prices and Saudi Arabia refuses, thus keeping supplies high and prices low. However, a recent OPEC report suggests a rebound of oil prices after a supply cut according to the Journal. OPEC on Wednesday predicted oil prices will rebound in coming years,​and the cartel said it expects to reduce its own production by 2019. The report comes after global oil prices this week fell to levels not seen since 2004 amid an increasing glut. In its closely ​watched annual World Oil Outlook ​published Wednesday, the Organization of the Petroleum Exporting Countries said it expects the price of its basket of crudes to rise to $70 a barrel in 2020 and $95 a barrel in 2040, compared​ with $30.74 a barrel on Monday. However, not all OPEC members will go along with a production cut. They may want the others to do so but nations like Iran and Venezuela are hurting for foreign currency reserves and will probably not cut back. It will depend primarily on the Saudis to reduce supply. Now, how about demand?

1. By www.ProfitableInvestingTips.com

2. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
The news according to The Wall
Street Journal is that stocks climb
as oil prices stabilize.

3. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
Has the price of oil stabilized and if so
what does that mean for stock prices
and the U.S. economy?

4. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
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5. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
“Oil and high yield have been all
anybody wants to talk about,” said
R.J. Grant, associate director of
equity trading at KBW Inc., who
added that modest gains in the price
of oil on Tuesday helped boost
stocks.

6. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
In day-to-day trading, a key
barometer of whether stocks can
sustain gains has been the price of
oil, traders said.

7. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
On Tuesday, U.S. oil prices climbed
0.9% to $36.14 a barrel following
steep declines in recent weeks.

8. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
The price of oil remains down more
than 32% for the year.

9. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
“If we see continued stabilization
there, maybe we will get a lift into the
new year for stocks,” Mr. Grant
added.

10. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
Because the energy sector is a
significant part of the stock market
higher oil prices mean higher stock
prices, on the average.

11. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
However, the low price of energy has
been a boon to many parts of the
economy and higher oil prices will
increase the cost of doing business
across the board.

12. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
In short, stabilized or higher oil prices
will help some stocks and hinder
others.

13. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
How long will oil prices remain at the
current level and will they recover to
higher levels in the foreseeable
future?

14. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
What Does OPEC Say?

15. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
The Organization of Petroleum
Exporting Countries supposedly sets
the price of oil by controlling supply.

16. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
Many in OPEC want lower production
in order to raise prices and Saudi
Arabia refuses, thus keeping supplies
high and prices low.

17. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
However, a recent OPEC report
suggests a rebound of oil prices after
a supply cut according to
the Journal.

18. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
OPEC on Wednesday predicted oil
prices will rebound in coming
years,​and the cartel said it expects to
reduce its own production by 2019.

19. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
The report comes after global oil
prices this week fell to levels not seen
since 2004 amid an increasing glut.

20. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
In its closely ​watched annual World
Oil Outlook ​published Wednesday,
the Organization of the Petroleum
Exporting Countries said it expects
the price of its basket of crudes to
rise to $70 a barrel in 2020 and $95 a
barrel in 2040, compared​ with $30.74
a barrel on Monday.

21. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
However, not all OPEC members will
go along with a production cut.

22. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
They may want the others to do so
but nations like Iran and Venezuela
are hurting for foreign currency
reserves and will probably not cut
back.

23. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
It will depend primarily on the Saudis
to reduce supply. Now, how about
demand?

24. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
Demand for Oil and the
World Economy

25. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
When the economy is humming along
consumption of oil goes up as does
the price.

26. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
And when the economy goes into a
slump so does the demand for oil and
the price, which is what is happening
now.

27. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
Has the price of oil stabilized or is it
going up?

28. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
Which nations are the drivers of the
world economy and users of oil and
how are they doing?

29. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
Oil consumption by country is as
follows according to Exploration
World.

30. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
 USA, 19 million barrels
per day
 China, 10.4 million
barrels per day
 Japan, 4.53 million
barrels per day
 India, 3.66 million
barrels per day
 Russia, 3.49 million
barrels per day
 Brazil, 3 million barrels
per day
 Saudi Arabia, 2.96
million barrels per day
 Canada, 2.33 million
barrels per day
 Germany, 2.4 million
barrels per day
 South Korea, 2.34
million barrels per day

31. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
China is the second ranking user of
crude oil and its economy is slowing.

32. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
Japan is number three and flirting
with recession.

33. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
India is doing the best of the BRIC
nations while Brazil, Russia and
China are having problems.

34. http://profitableinvestingtips.com/stock-investing/has-the-price-of-oil-stabilized
It is not likely that a huge economic
rebound will drive up the price of oil
next year so stabilized or higher
prices will depend on the Saudis and
whether or not they lower production.