• Twitter
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages
  • Roger S. Conrad

Investing Topics: Oil Investing

China’s National Oil Companies on a Spending Spree

China’s three major national oil companies–China National Petroleum Corp (PetroChina), China Petroleum & Chemical Corp (Sinopec) and China National Offshore Oil Corp (CNOOC)–have aggressively pursued international acquisitions. This strategy not only helps to meet domestic demand but also diversify their supply base and gain experience in deepwater and other unconventional plays.

Oil Outlook 2013

A pick-up in global economic growth, OPEC’s tight spare capacity and the relatively high cost of incremental supply growth should ensure that Brent crude oil remains above $100 per barrel in 2013. Meanwhile, non-OPEC supply growth and the potential for demand destruction should cap international oil prices at $120 per barrel to $125 per barrel.

Subscribe today to receive a sample issue of EIA
  • Live Chat with

    Elliott and Roger on Jan. 29, 2021

  • Portfolios & Ratings

    • Model Portfolios

      Balanced portfolios of energy stocks for aggressive and conservative investors.

    • Producers and Drillers

      Our take on more than 50 energy-related equities, from upstream to downstream and everything in between.

    • MLPs and Midstream

      Our assessment of every energy-related master limited partnership.

    • International Coverage

      Roger Conrad’s coverage of more than 70 dividend-paying energy names.


    • Elliott H. Gue

      Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor

    • Roger S. Conrad

      Founder and Chief Analyst: Capitalist Times and Energy & Income Advisor