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Oil

oil

The Biggest Reason the Price of Crude Oil Is Still Climbing

The price of crude oil is finally back above $40 thanks to one report last week that indicates supply is falling.

The EIA reported that U.S. inventories declined by 4.9 million barrels.

And while many banks think this decline won't continue, there's one emerging trend that says otherwise...

Oil

As the Saudi Arabia Debt Crisis Builds, Here's the $100 Billion Solution

Saudi Arabia debt is expected to reach $87 billion this year.

The Kingdom needs to think of a solution before its debt gets any worse.

That's why it's developing a $100 billion-a-year plan to restructure its economy around one type of revenue...

Oil

My Oil Price Forecast Shows Why Crude Supplies and Imports Are Rising

U.S. crude inventories are sitting at record highs of around 2.05 billion barrels right now.

That's not a surprise. After all, there's a lingering global crude glut.

But what's surprising – at first glance – are U.S. crude imports. They're up by close to 1 million barrels per day. The country took in 8.64 million barrels per day in the week ending March 25, compared to just 7.69 million over the same period a year ago. 

Therein lies what appears to be a paradox: Why on Earth would we import more oil when we may be forced to fill swimming pools with it soon?

The answer is very simple, and it becomes clear when you see my oil price targets...

oil

Why WTI Crude Oil Prices Are Soaring Today

Another day, another country speaking out about the OPEC meeting.

WTI crude oil prices saw gains today after an OPEC country renewed hopes that there will be an output freeze at the upcoming meeting.

But there's a bigger reason why prices are up today - and why they'll keep moving higher in 2016...

Oil

Why Crude Oil Prices Today Fell Below $37

There's uncertainty brewing over this upcoming OPEC meeting, and it's dragging down crude oil prices today.

In particular, Saudi Arabia is skeptical due to Iran's reluctance to participate in the output freeze.

This is because Saudi Arabia is dealing with a $608 billion problem...

oil

[CHART] The Saudi Arabia Debt Crisis Just Got $9.4 Billion Worse

The Saudi Arabia debt crisis has already reached critical mass.

But a report just came out this week showing how one crucial component of Saudi Arabia's economy took a massive nosedive last month.

These charts explain just how bad the problem is for the world's largest oil exporter...

oil

The OPEC Meeting Will Boost Prices Following Never-Before-Seen Agreement

Anticipation of next month's OPEC meeting has been building, and it's showing in the recent oil price rally.

News of the meeting has put oil prices on track for their best month in almost a year.

But one country is refusing to attend, and it has investors worried that prices will fall again...

Global Markets

How ISIS Makes Money Will Surprise You…

How ISIS makes money is often presented as a simple answer: Oil.

In fact, the U.S. Treasury Department believes ISIS makes up to $500 million a year selling oil.

You see, what most people don't know is that oil only accounts for a quarter of the terrorist group's income. But there's actually a much more sinister way ISIS funds terrorism that we discovered through a leaked document...

Oil

Why the WTI Crude Oil Price Is Having Its Best Month in a Year

Despite today's losses, the WTI crude oil price is on track for its biggest monthly gain since April 2015.

With crude oil prices finally seeing growth, now is the best time to invest in this oil stock.

But before we discuss this pick, here's the main reason why prices are having a record month...

Oil

The Biggest Oil Supply Mystery in Decades – 289 Million Barrels Vanished

Excess oil supply has been the global energy market's biggest nightmare for nearly two years now.

But a recent report shows a 289 million barrel discrepancy in last year's oil supply data.

And it demonstrates how this imperfect process of measuring supply is manipulating crude oil prices...