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The promise of steady returns with low operating costs are leading companies and individuals to purchase mineral rights and take advantage of monthly royalty checks. 
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Saudi Energy Minister Khalid al-Falih said he favored extending the current oil production cuts by nine months until the end of 2018 and said it was premature to talk about exiting the cuts. He added that OPEC would examine progress at its next meeting in June. WTI Crude is UP at $57.85; Brent is UP at $64.07.  Russia needs lower oil prices than Saudi Arabia to balance its budget. The Saudis are preparing a stock market listing for national energy company Aramco next year and would benefit from pricier crude. The API reported late Tuesday that U.S. crude supplies climbed by 1.8 million barrels for the week ending November 24. New supply numbers published today. WTI Crude is $57.85; Brent s $63.52.  Source: reuters.com - By: Ernest Scheyder, Ahmad Ghaddar, Vladimir Soldatkin - Image: Heinz-Peter Bader |
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Redhawk Investment Group, LLC offers direct and alternative oil and gas investment opportunities that enable investors to participate in the potential cash flow and the unique tax benefits associated with oil and gas investments. There are significant risks associated with investing in oil and gas offerings. The information contained in this website is for informational purposes only and is not a solicitation to buy or sell any securities. Information on this site is not intended to be used as investment or tax advice. Consult your investment advisor or tax advisor concerning the current tax laws and effects on your personal tax situation.
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