Crude Oil Prices

Flat Markets and Falling Commodities Will Headline Stock Market Today

stock market today

Stock market today, October 15, 2014: U.S. stock markets ended the day flat Tuesday after struggling to rebound, with yet another late sell-off hitting the markets in the final hour. The S&P 500 Index and Nasdaq managed to eke out modest gains, but the Dow Jones slipped another 5 points. The S&P 500 Volatility Index (VIX) dipped 4% on the day.

Last week's stock market correction meant a 464-point plunge in the Dow Jones Industrial Average. We witnessed a continued sell-off in energy stocks and a slump in commodity prices, specifically oil, highlighting certain profit opportunities.

Here’s what else you should know to make your Wednesday profitable…

Why the Saudis Are Cutting Oil Prices

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On Oct. 1, Saudi Aramco, the state-run oil producer of the world's biggest exporter, cut prices for all its exports, reducing prices for Asia to the lowest level since 2008.

By cutting oil prices rather than export volume, Saudi Arabia has signaled it is now ready for a potentially costly price war.

Why Oil Is Down Today

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Why oil is down today: Crude oil prices continue to plummet today (Wednesday) as West Texas Intermediate dropped to $86.83 per barrel for November delivery on the New York Mercantile Exchange. That was WTI's lowest price since April 17, 2013.

Brent crude was trading at $91.51 per barrel just after 1:00 pm.

Here’s why crude oil prices have continued to drop dramatically over the past three months…

The Best Way to Profit from Crude Oil Prices Right Now

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Making money in the energy sector is no longer pegged to higher crude oil prices. In today's environment, it's more about where a company drills, how it manages its assets and operations, and the broader flow of supply and demand.

It's also about selecting companies that are built to weather the inevitable dips in the price of crude.

And there are plenty of them out there…

Why Oil Prices Are Falling Now

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Crude oil prices fell again early this morning (Thursday), as West Texas Intermediate (WTI) crude dropped as much as 2.8% to $88.18 per barrel for November delivery. That's a 20% drop from the three-year highs WTI set in June, and just above the 52-week low of $87.85 futures contracts set in January.

Brent crude oil prices were down to $92.45 per barrel, or 1.8%, shortly after 9:30 a.m. today.

Here’s why crude oil prices have continued to drop dramatically over the past three months…

The Three Reasons Crude Oil Prices Are Tanking

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Crude oil prices tanked more than 3% today (Tuesday) with West Texas Intermediate (WTI) crude dropping to $90.85 shortly before 3:00 p.m. on news that OPEC's oil supply has reached its highest level in nearly two years.

Currently, WTI is trading just above its 52-week low of $87.85 that it set in January. According to MarketWatch, oil ended the quarter down 13%, which was its worst quarterly performance since 2012.

According to Money Morning’s Global Energy Strategist Dr. Kent Moors, there are three distinct reasons oil prices keep dropping…

Oil Prices Today: Three Key Factors the Pundits Are Missing

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Several pundits attributed yesterday's spike in oil prices to the recognition that the fight against ISIS in Iraq-Syria will be a long one. As usual, the 30-second TV wonders missed the boat.

Of course, the ongoing chaos in the Middle East is certainly a factor. To the extent that oil traders begin to calculate its impact into their risk models, there will be an effect.

However, when it comes to what actually moves oil prices, these three major price influences are more important…

How Falling Crude Oil Prices Could Trigger an Unpredictable, Dangerous Mess

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The dive in crude oil prices continued Monday as yet another sell-off targeted the energy sector for a particularly big hit.

This too shall pass. But the prospect of a protracted decline in oil prices is beginning to have broader policy implications in dangerous parts of the world, where rising prices have been the norm for most of the last decade.

As this situation develops, it could quickly get downright nasty…

What Causes Crude Oil Prices to Rise

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Crude oil prices have had a volatile summer, with West Texas Intermediate (WTI) hitting a three-year high of $105.55 a barrel in June before settling back down near $92 this week.

Even with oil's volatility, investors can have a better idea of where the price of oil is headed if they know what causes oil prices to rise.

Money Morning’s Global Energy Strategist Dr. Kent Moors says that “one of the most predictable patterns in the markets” is behind huge spikes in the price of oil…

Where Crude Oil Prices Are Headed Next

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To hear some analysts tell it, geopolitics and the weather are exogenous events when it comes to energy prices. That is, somehow crude oil prices would operate "rationally" if it weren't for either of them.

That type of thinking is costly. When investors disregard the weather, the geopolitical, or both, they lose money.

So as we begin the fourth quarter, I’m going to handicap where oil prices are headed next…

Price of Oil Edges Higher – Here’s What to Look for by End of 2014

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The price of oil has climbed slightly this week with West Texas Intermediate (WTI) hitting an intra-week high of $95.17 for October delivery today (Friday).

Despite this week's price hike, WTI prices are still well below the three-year high of $105 a barrel they hit in June.

But even though prices have dropped the last two months doesn’t mean we’re out of the woods. The price of oil could still soar in a hurry…

The One "Great Danger" That Could Send Crude Oil Prices Much Higher

Crude oil prices

Over the past several months, ISIS forces in Iraq have been selling oil from captured refineries on the black market in order to fund their terrorist activities and wreak havoc on the region.

Despite the crisis in Iraq, crude oil prices are down this month near $93 per barrel.

But Money Morning's Global Energy Strategist Dr. Kent Moors says a "great danger" in the region could send crude oil prices much higher.

Watch this video for the details...

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