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How Your Portfolio Can Profit From Higher Oil Prices

by Matthew Scott on Mar.08, 2011, under Towing

Analysts say oil prices will likely keep rising in the short term. But savvy investors can use that increase to their advantage.

Skyrocketing prices don’t have to bring only pain. Investors can also find some relief with investments that can benefit from oil’s recent — and likely future — increases. Here are some ETFs and mutual funds worth considering, based on performance, risk and cost.

Continue reading How Your Portfolio Can Profit From Higher Oil Prices

How Your Portfolio Can Profit From Higher Oil Prices originally appeared on DailyFinance on Tue, 08 Mar 2011 12:00:00.

Filed Under: Energy, Economy, Investing, Stocks in the News

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Cuba’s Deepwater Oil Exploration Could Be a Game Changer

by Bruce Kennedy on Mar.05, 2011, under Towing

The delivery of a Chinese-built, Spanish-backed offshore oil rig to Cuban waters has been delayed until summer. But when drilling does begin 90 miles off the Florida coast, it could mean a host of problems — and opportunities — on the energy and the political fronts.

Continue reading Cuba’s Deepwater Oil Exploration Could Be a Game Changer

Cuba’s Deepwater Oil Exploration Could Be a Game Changer originally appeared on DailyFinance on Sat, 05 Mar 2011 08:00:00.

Filed Under: Energy, Economy, BP

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BP Reinstates Dividend but Problems Linger

by Douglas McIntyre on Feb.01, 2011, under Towing

BP has benefited from high oil prices and announced it would reinstate its dividend. However, while its fourth-quarter profit was up from a year earlier, the oil giant reported a full-year loss.

Continue reading BP Reinstates Dividend but Problems Linger

BP Reinstates Dividend but Problems Linger originally appeared on DailyFinance on Tue, 01 Feb 2011 06:30:00.

Filed Under: Earnings, BP

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Week in Preview: January Employment Data, UPS Earnings and More

by Trey Thoelcke on Jan.30, 2011, under Towing

The all-important January employment reports come out this week. Also worth watching for are a host of earnings releases, led by economic bellwhether UPS. The package deliverer is expected to post strong results.

Continue reading Week in Preview: January Employment Data, UPS Earnings and More

Week in Preview: January Employment Data, UPS Earnings and More originally appeared on DailyFinance on Sun, 30 Jan 2011 10:30:00.

Filed Under: Company News, Economy, Investing, Earnings, UPS, Stocks in the News

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Oil Spill Panel Recommends Substantial Reforms, Stronger Oversight

by Danny King on Jan.11, 2011, under Towing

Oil industry practices and government rules must be subjected to substantial reform to prevent future accidents similar to BP’s Deepwater Horizon oil rig disaster in the Gulf of Mexico last April, said a report released Tuesday by the presidential panel probing the incident.

Continue reading Oil Spill Panel Recommends Substantial Reforms, Stronger Oversight

Oil Spill Panel Recommends Substantial Reforms, Stronger Oversight originally appeared on DailyFinance on Tue, 11 Jan 2011 16:19:00.

Filed Under: Energy, Company News, BP