Where the Next Oil Sector Profits Will Be Made (It's Not What You Think)

We now have another indication that the oil pricing environment is causing a constriction in forward project commitments: Two more oil majors recently announced that they will cut capital spending. These two announcements are the tip of a much bigger iceberg. The curtailment of future project commitments is just one of the results of low prices. Here's the other major effect, how it will shake up the oil sector, and how one group of companies will come out on top... Tags: Crude Oil , Crude Oil Prices , Oil , oil investing , Oil Prices , oil sector , oil sector profits To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Where the Next Oil Sector Profits Will Be Made (It's Not What You Think) appeared first on Money Morning - We Make Investing Profitable .
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