Why Oil Prices Are Down
Oil prices slipped below $93 a barrel Tuesday, continuing a downward trend that started early last month.
Last week, oil prices fell 0.76%, logging a sixth weekly decline, the longest string of losses since 1998. Volume also slid, with futures roughly 41% below the 100-day average.To continue reading, please click here...
Oil Stocks: This Disconnect Spells Even Bigger Profits
p>There is something very interesting developing in the oil markets right now.
It's not front page news yet, but it is something that you'll want to keep an eye on – especially if you want to make money with oil stocks.
It revolves around what's called "the spread." In this case it's the difference in price between West Texas Intermediate (WTI) and Brent.
Once again, the price of these two oil benchmarks is moving in opposite directions. The price of crude in New York is going south, while the price in London is heading north.
In fact, as of open this morning, the spread between the two now stands at 15.6% of the WTI price and continues to widen. In the last week, this spread has almost doubled.You need to make your move before everyone else realizes what's happening...
How China's Rise to Top Oil Importer Affects Global Markets
China has surpassed the U.S. as the No. 1 importer of oil, and current indications are that Chinese oil demand will average 1.9% higher annually through 2035.
Money Morning Global Energy Strategist Dr. Kent Moors joined CCTV NewsTo continue reading, please click here...
How to Invest in the World's Biggest Shale Oil Field
The shale oil and gas boom is going global, as we explored Tuesday in Money Morning.
And this means huge profit opportunities for those who know how to invest in this global shale revolution.To continue reading, please click here...
How to Invest in California's Monterey Shale
Back in the times of the California gold rush, people didn't need to work out how to invest in the bonanza. They simply grabbed some basic mining gear and headed up into the hills.
Today California is the home of yet another wealth-creating boom – the oil contained within the Monterey Shale formation.
As Mark Twain once said, "History does not repeat itself, but it does rhyme."To continue reading, please click here...
Make This Oil Move Immediately
From the Editor: In yesterday's members-only message, you got a rare look at Kent's track record and why he averages 55% on every recommendation. Today, Kent recommends a short-term move, based on the latest developments in Syria…
Damascus may have dodged a bullet (or a cruise missile), but nothing else has changed very much. Not in terms of risk.
That explains why the "Syrian Premium" remains. It may be slightly reduced, as you'll see. But it is likely to stay with us even after the threat of a military solution has been averted.At least for now...
How Gold, Oil, and Syria Really Mix… Plus "3 Strikes Against Apple"
The markets are very complicated at the moment, which is why now's an ideal time to reach into the Money Morning Mailbag and address your concerns.
The goal here is simple: To provide understandable, actionable, and, of course, profitable answers to your thoughtful and extremely insightful questions.
The Best Investments in Energy: It's Time to Play These 7 Picks Now
But looking back at a previous boom – the California Gold Rush of 1849 – gives investors a good clue about where prospects might be better.
During the gold rush, many miners ran up into the mountains seeking riches. Few succeeded. But those who opened up shops that sold the picks, shovels, and other mining equipment made a fortune.
Oil Forecast: The "Syrian Premium" Is Not Temporary
By an apparent agreement to place its chemical weapons under international control, Syria seems to have dodged an imminent American military attack.
Yet even as the world takes a step back from the brink, three critical questions still remain:
How to Play Oil Prices Today
Money Morning Global Energy Strategist Dr. Kent Moors appeared on FOX Business this week to discuss the effects of the Syrian crisis on oil prices today.
The first question is whether oil prices will continue to go up, and if they do, for how long? Moors defines the forces involved and predicts the path of future movements in oil prices.