SOURCE: StockCall

StockCall

January 06, 2011 08:26 ET

Equity Research on BP plc and Chevron Corp. - Major Integrated Oil and Gas Sector Set to Expand Development

JOHANNESBURG, SOUTH AFRICA--(Marketwire - January 6, 2011) -  www.stockcall.com/ offers investors comprehensive research on the major integrated oil & gas industry and has completed analytical research on BP plc (NYSE: BP) and Chevron Corp. (NYSE: CVX). Register with us today at www.stockcall.com/ to have free access to these researches. 

Oil prices are set to reach their highest point in 27 months. Cold weather and positive construction and manufacturing data are two factors helping push per barrel prices past $93. Rising demand for oil in emerging economies like China, where oil consumption is expected to increase 5% next year, is also helping the price. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the major integrated oil & gas industry.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the major integrated oil & gas industry can have easy and free access to our analyst research and opinions on BP plc and Chevron Corp.; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

With the U.S. Federal Government's $600 billion second round of quantitative easing expected to continue the price increase up toward $100 per barrel, gasoline prices in the United States could end up around $4/ gallon. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

Inspired by high oil prices, the Major Integrated Oil and Gas Sector such as BP plc and Chevron Corp. is looking to ramp up its spending on exploration and development next year. Comforted by high prices, the companies are looking to maintain and even expand their production capacities. Spending next year is predicted to be around $490 billion. Chevron Corp. research report is available for free by signing up now at www.stockcall.com/CVX060111.pdf

With deep water oil drilling slated to resume in a few weeks in the Gulf of Mexico, a lot of this half a trillion in new development will be in deep water rig construction.

Also making news this week for the industry is rumors that Royal Dutch Shell is considering a tie-up with BP plc. This news which has not been confirmed by Shell has sent stocks for both companies higher. BP plc research report is accessible for free by registering today at www.stockcall.com/BP060111.pdf

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