{"id":1209,"date":"2017-05-30T09:32:56","date_gmt":"2017-05-30T15:32:56","guid":{"rendered":"http:\/\/gpswp.com\/apwealthmanagement\/?p=1209"},"modified":"2017-05-30T09:32:56","modified_gmt":"2017-05-30T15:32:56","slug":"current-state-energy-markets","status":"publish","type":"post","link":"https:\/\/gpswp.com\/apwealthmanagement\/current-state-energy-markets\/","title":{"rendered":"Current State of the Energy Markets"},"content":{"rendered":"
May 22, 2017 | Print View<\/a><\/p>\n It\u2019s been a fairly wild ride the last several years in the global energy markets. Oil prices crashed from over $100 per barrel to below $30 per barrel back in February of 2016, and have since stabilized in the $50 per barrel area today. See the chart below of WTI crude oil prices since the beginning of 2016:<\/p>\n <\/p>\n What\u2019s happened the last couple of years? Below is a quick summary of oil markets the last two years.\n<\/p>\n Looking at the charts below of global daily crude oil production and demand, we can see that things are fairly balanced right now after supply on the right-hand chart declined for several quarters:<\/p>\n <\/p>\n In fact, the U.S. Energy Information Administration (eia) forecasts that future oil market supply\/demand conditions will remain balanced into 2018. See the chart below highlighting past and forecasted world production (blue line) and demand (brown line) by the (eia) below:<\/p>\n <\/p>\n This balance should lead to more stable-to-rising oil prices going forward. Things to monitor going forward include:<\/p>\n Stable oil prices are generally a positive thing for the investment markets. We are forecasting WTI crude oil prices to finish close to $60 per barrel as we exit 2017. Oil prices at these levels will benefit:<\/p>\n Overall, oil prices that are too low slow down our economy, just as prices that are too high can choke off economic growth. Prices in the $50 to $75 per barrel trading range will benefit the investment markets in our opinion. Prices in this range should benefit Gradient\u2019s Energy Sector Focus portfolio as well as our more broad emerging market and energy sector holdings in the Gradient Tactical Rotation, Absolute Yield and Endowment portfolios.<\/p>\n The Re-emergence of the \u201cFANG\u201d stocks<\/a> May 11, 2017<\/p>\n How Alarming is the U.S. Federal Debt?<\/a> April 13, 2017<\/p>\n Post-Election Stock Market Update<\/a> March 20, 2017<\/p>\n Exchange Traded Funds (ETFs) Explained<\/a> March 13, 2017<\/p>\n The Case for Dividend Stock Investing<\/a> February 10, 2017<\/p>\n Precious Metals – For Your Consideration<\/a> January 23, 2017<\/p>\n Is It Finally Time For International Markets?<\/a> January 11, 2017<\/p>\n Investors Finally Rotating Out Of Bonds<\/a> December 20, 2016<\/p>\n Rising Interest Rates \u2013 What Do We Do?<\/a> November 17, 2016<\/p>\n Election Jitters<\/a> November 3, 2016<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":" Current State of the Energy Markets May 22, 2017 | Print View It\u2019s been a fairly wild ride the last several years in the global energy markets. Oil prices crashed from over $100 per barrel to below $30 per barrel back in February of 2016, and have since stabilized in […]\n
\n
\n
Past Market Commentary<\/h3>\n
Continue Reading <\/i><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"acf":[],"yoast_head":"\n