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Energy Transfer Merger Sends WMB Stock Price Lower

The WMB stock price cratered today following Williams Companies Inc.'s (NYSE: WMB) acquisition in the Energy Transfer merger.

This morning, pipeline giant Energy Transfer Equity LP (NYSE: ETE) announced it will buy Williams Cos. for $32.6 billion.

Here's everything you need to know about the landmark merger...


The Two Real Reasons Oil Prices Are Currently Slipping

The U.S. Energy Information Administration just released its latest report on oil. And although I'm no conspiracy theorist, what's going on with oil prices has all the earmarks of a setup.

This week's report showed criteria that would normally signal upward pressure on prices: a drawdown in oil supply, tighter refinery usage, and a widening spread between crude oil and oil product prices.

Simply put, prices should not decline when the spread is rising. So why are oil prices falling?


Exxon Stock Price Up After Today's Torrance Refinery News (NYSE: XOM)

The Exxon stock price moved slightly higher today after the company decided to delay repairs of its main west coast refinery.

The plant provides one-fifth of southern California's gasoline but has operated at less than 20% capacity since the explosion.

Here's how that will affect XOM stock down the road...


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...


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...


Why WTI Crude Oil Prices Are Down Today

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...


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...


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...


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...


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...