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Crude Oil Prices

WTI Crude Oil Prices Close at Highest Level Since July 21

wti crude oil prices

WTI crude oil prices skyrocketed today amid EIA's bullish supply report and OPEC's worries over low oil prices.

The U.S. benchmark settled at its highest level since July 21.

Here's a detailed recap of how the EIA and OPEC moved oil prices today...

Oil Price Crash Could Lead to Emergency OPEC Meeting

oil price crash

There has been a big oil price crash over the last few months.

Thanks to a worldwide supply glut and weakening Chinese economy, crude oil prices have fallen nearly 30% since May.

Now, one country is desperately trying to develop a strategy to save oil prices before its economy collapses...

Brent Crude Oil Price Soars Today on Stock Market Rebound


The Brent crude oil price surged today as stock markets rallied for the second consecutive trading session.

The Dow Jones, S&P 500, and Shanghai Index saw huge gains following yesterday's historic rebound.

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

WTI Crude Oil Prices Will Soar from M&A Activity in Late 2015


WTI crude oil prices edged lower today after a supply report from the EIA showed a slight decline in oil stockpiles.

The agency stated U.S. oil supplies fell, but inventory is still near an 80-year high.

But there's a "wave" washing over the sector that will boost oil prices by the end of the year...

Will Brent Crude Oil Prices Rebound from the "Black Monday" Crash?

brent crude oil

Brent crude oil prices slid into a free fall this morning and hit their lowest level in more than six years.

The plunge came on historic declines in U.S. and Chinese stock markets as "Black Monday" ravages the financial world.

Here's what you need to know about Black Monday's effect on oil prices...

What the Iran Nuclear Deal's "Secret Agreement" Means for Oil Prices

iran nuclear deal

There's a bombshell new development in the Iran nuclear deal.

The Associated Press reported that Iran will be permitted to use its own experts to inspect Parchin, one of the country's most suspicious testing facilities.

Here's a breakdown of the news and how it will affect oil prices...

What's the WTI Crude Oil Price After Today's EIA Supply Report?

wti crude oil

The WTI crude oil price sunk lower today after the U.S. Energy Information Administration (EIA) released its weekly supply report.

Despite the drop, today's low prices give us the perfect opportunity to buy certain oil stocks at a discount before prices begin to rise.

Here's how you can play today's movement...

3 Ways to Play the WTI Crude Oil Price Drop

wti crude oil price

The WTI crude oil price continued its three-month-long decline today on poor economic data from Japan and new price forecasts from Morgan Stanley.

Despite today's fall, there are still some easy ways to profit from the oil sector's turmoil.

Here are the three best ways to play today's oil price drop...

Will the U.S. Lift the Oil Export Ban?

oil rig flag

Will the U.S. lift the oil export ban?

That's been the question on investors' minds recently as oil prices fall to six-year lows.

Here's why the U.S. lifting the oil export ban would improve crude oil prices...

Why WTI Crude Oil Prices Are Up After the IEA Oil Market Report

oil's rocky week

WTI crude oil prices slightly rebounded today after the IEA released its closely watched monthly report.

The organization stated demand will rise significantly as consumers continue to respond to low oil prices.

Here's everything you need to know about where prices are heading this year....

WTI Crude Oil Price Today Falls Alongside Chinese Yuan

8 11 15 wti crude oil price

The WTI crude oil price today fell to a six-year low in the wake of China's decision to devalue its yuan this morning.

Although China touts it as a reform measure, the devaluation raises concerns that the nation's government is panicking.

Here's everything you need to know about today's movements...

Why WTI Crude Oil Prices Are Down Today

crude oil

WTI crude oil prices sunk lower today as concerns about the Chinese stock market and excess supply perpetuate the month-long free fall.

Despite today's decline, supply is about to start drastically shrinking in the coming months.

Here's everything you need to know about today's movement...

Oil's Tumble Means a Fast 30% Gain with This Trade

8 4 15 TG2

My wife and I were just at a children's birthday party. You know, the kind where everyone gets together to sing "Happy Birthday," and then the adults drift off into their own groups to chat.

Naturally, I fell in with a group of several wealth managers, and you'd better believe we started talking about the markets.

When the subject turned to oil shares, you could have heard a pin drop.

You see, some of those folks could be looking at a mighty lean year, depending on their oil exposure.

But as we know, there's an opportunity to make money as share prices fall. Today I want to show you how to book a quick and easy 30% gain on some very big, very liquid oil shares, even as the stock tumbles down.

It's the perfect energy play for markets like this...

Why the WTI Crude Oil Price Is Up Today

wti crude oil price

The WTI crude oil price slightly recovered today after falling below $50 during yesterday's session.

Despite recent drawbacks, oil prices are on track for a long-term rebound over the next year.

Here's what you need to know about today's moves - and why prices will hit the $70 range by December...

Why the WTI Crude Oil Price Is Down Today

WTI crude oil price

The WTI crude oil price is down 1.4% today (Friday) after a report from Reuters indicated production from OPEC continues to grow.

The monthly survey indicated that OPEC production hit 32 million barrels per day (bpd) in July. That was up 140,000 bpd from June.

Here's where prices are headed now...

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