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Oil

Energy

Why No "Silver Bullet" Will Ever Kill Crude Oil

The dominance of crude oil as an energy source is waning, but no silver bullet will emerge to replace oil as a new primary player.

This time, the energy sector is undergoing a different type of transition. Here's what to expect...

oil

Crude Oil Prices Today Fall After Saudi Arabia Shakeup

Crude oil prices fell more than 1% in early-morning trading today.

At 9:45 a.m., WTI prices were down near $44.15, while Brent prices were trading at $44.66.

And it's all due to a massive government shakeup in the world's largest oil country this past weekend...

oil

3 Reasons We Just Raised Our Oil Price Forecast for 2016

Oil prices have skyrocketed more than 70% over the last three months.

What's even better is that our new oil price forecast sees prices going even higher this year.

And there are three bullish factors that will make it happen...

oil

Why the Price of Crude Oil Is Surging Today

The price of crude oil is close to hitting its highest level of the year.

And there are two ongoing events dominating energy headlines that are sending prices on a rally today.

Here's everything you need to know about crude oil prices today - and where they're heading in 2016...

Oil

Forget About Supply and Demand – a New Equilibrium Is Now Setting Oil Prices

Oil prices will trade in a narrow range ahead of the June OPEC meeting. But a bigger catalyst, one that has nothing to do with supply or demand, is already rocking the sector.

A new "oil equilibrium" is forming - an entirely new kind of energy investment that will change the industry as we know it. Here's what you need to know...

China

Here's Why China Is Hoarding Oil

China is hoarding oil at the fastest pace in over a decade.

The nation added 787,000 barrels a day to its stockpiles in the first quarter of this year – the most for the period since at least 2004.

Here are two theories - one of which is arguably startling - as to why the Asian nation needs so much oil...

oil

Crude Oil Prices Today Fall 1.9% After This Bearish Report

Crude oil prices today tumbled in morning trading following last month's 20% rally.

Both Brent and WTI oil prices were down 1.9% and 2.5%, respectively.

And it's all thanks to this bearish supply data released by Reuters...

Oil

Why I'm Revising My 2016 Crude Oil Price Forecast Now

After the failed Doha meeting, doomsayers predicted the price of oil would crater. With WTI rising nearly 20% in April, they couldn't have been more wrong.

Now Dr. Kent Moors is revising his oil price forecast upwards. He says there are three key reasons why...

What Oil Needs to Sustain Its Rally

Despite heroic profits reported by two of the FANGs – Facebook, Inc. (Nasdaq: FB) and Amazon.com, Inc. (Nasdaq: AMZN) – stocks had a very rough week.

The Dow Jones Industrial Average fell 230 points or 1.28% to 17,773.64 while the S&P 500 lost 26 points of 1.26% to 2065.30. The Nasdaq Composite Index lost 2.67% to 4775.36 as Facebook and Amazon sucked the air and much of the profitability out of the room in the technology sector.

The other half of the FANGs, Apple, Inc. (Nasdaq: AAPL) and Alphabet Inc. (Nasdaq: GOOGL), took it on the chin after disappointing investors, and Apple in particular is struggling with the laws of large numbers, a phenomenon that Amazon and Facebook will eventually have to deal with.

The overall market is still very expensive and three of the four FANGs (other than Apple) remain in a bubble.

But here's what I really want to talk to you about today...

oil

Why These Oil Price Predictions from Wall Street Are Dead Wrong

Many banks on Wall Street have overwhelmingly bearish oil price predictions.

In fact, there's one bank that sees oil prices falling below $30 by the end of the year.

This chart shows where four major banks see prices heading through 2017...