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Oil

oil

WTI Crude Oil Prices Up Today After Inventory Data Release

WTI crude oil prices moved higher today after a bullish supply report from the EIA.

Despite today's gains, oil has been exceptionally volatile over the last few months.

But here's where Money Morning Global Energy Strategist Dr. Kent Moors sees oil stocks headed by the end of 2015...

oil

WTI Crude Oil Prices Today Up After Biggest Drop in Three Weeks

WTI crude oil prices today bounced back after enduring their largest one-day drop in three weeks on Friday.

Today's rebound comes on traders' expectations that the yearlong price crash will incentivize producers to decrease output.

Here's what supply and demand will look like as we move into 2016...

oil

Why WTI Crude Oil Prices Are Down Today – 9/18/15

WTI crude oil prices fell into the red today following the Fed's announcement yesterday.

Yesterday, Fed Chairwoman Janet Yellen announced that interest rates would remain at their near-zero level for the time being.

Here's why any looming rate hike won't end up crushing oil prices...

Oil

What the Fed's "Hold" Means for Crude Oil Prices

The nine years of historically low interest rates will continue in the wake of Fed Chairwoman Janet Yellen's decision to not hike rates – to not yet remove the proverbial punchbowl from the easy-money party.

It was a classic "50-50" proposition; it didn't seem likely the Fed would move to roil global markets, but given the perceived strength of the labor market, a hike wasn't out of the question.

Before Yellen decides to pull the trigger, we'll see price volatility spiral across all global markets – especially when it comes to crude.

So now the oil "doom and dread" crowd and their bearish predictions are running rampant.

Here's why they're dead wrong...

oil

How We'll Profit from Oil's M&A Cycle

Low crude oil prices, combined with a crunch in energy debt, has ushered in expectations of a merger and acquisition cycle among oil companies.

So far, interest has centered on the U.S. oil sector. But recent news out of Australia makes it abundantly clear that the next M&A wave is going to have a far more global impact.

Here's what that means for the oil industry, and how we'll profit from it...

oil

Where WTI Crude Oil Prices Today Are Trading

WTI crude oil prices today moved higher today as traders await the outcome of this week's FOMC meeting.

Investors are waiting to see if the central bank will deliver its first interest rate hike in nearly 10 years.

Here's how the outcome of the assembly could affect oil prices the rest of the year...

oil

How Does Halliburton Company (NYSE: HAL) Compare to Big Oil Stocks?

The Halliburton Company (NYSE: HAL) stock price fell today as oil prices head for yet another weekly loss.

Although it's down 4.4% in 2015, the Halliburton stock price has still performed better than many Big Oil companies.

Here's how the oilfield services firm stacks up against to Exxon, Shell, and Chevron...

oil

WTI Crude Oil Prices Slide on Bearish Goldman Sachs Forecast

WTI crude oil prices slumped today after the release of a new Goldman Sachs Group Inc. (NYSE: GS) price forecast.

The Wall Street bank cut its 2016 estimate for WTI prices, citing OPEC production and slow demand.

Here's what you need to know about today's oil price movements...

Energy

Why Pundits Are Wrong When They Tell You Energy Investing Is Dead

To hear some tell it, energy investments are a disastrous move, given the volatile global economy and low oil prices.

But they couldn't be more wrong. In fact, there's more than $1 trillion up for grabs in the energy investing sector. This might well be the best time to invest, even if prices go lower from here.

This is what you need to know before everybody else wakes up...

oil

[CHART] How Does U.S. Oil Consumption Compare to Other Countries?

There were 92.1 million barrels of oil consumed around the world every day last year.

But how does U.S. oil consumption compare to other industrialized nations?

The chart below shows how the United States stacked up against other big time oil consumers in 2014...