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Global Intelligence Letter – October 2023

Jeff D. Opdyke · October 27, 2023 ·

VIEW OCTOBER ISSUE

This month, we’re taking stock — literally — in a niche energy investment that that is rising, despite volatility in the oil market, war in Ukraine and intensifying conflict in the Middle East.

See, oil remains the king of energy today, regardless of wars, geopolitical tensions, and the green-technology revolution.

And the truth is that there hasn’t been enough spending in recent years on finding new oil reserves to replace declining supplies. That’s global demand is growing faster than new supplies are coming online.

That’s good news for this month’s stock recommendation, which adds to our oil-industry exposure.

The company is a player in the oilfield services industry, a specialized niche that supplies the industry with all the ancillary products and services needed to find, extract, and transport oil from reservoir to end user.

And it’s trading at historically cheap levels… offering us strong potential to double our investment our through 2026.

For all the details, click here to read your October issues of Global Intelligence Letter.

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About Jeff D. Opdyke

Jeff D. Opdyke is an American financial writer and investment expert based in Portugal. He spent 17 years covering personal finance and investing for the Wall Street Journal, worked as a trader and a hedge fund analyst, and has written 10 books on such topics as investing globally and personal finance.

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