Crude Oil Prices

Deflation in 2015? These Four Charts Say Yes

deflation in 2015

Deflation in 2015 seems to be upon us. And while falling prices might seem like a good thing, deflation can wreak havoc on the economy.

In a deflationary period, prices will drop, corporate profits will dry up, wages will shrink, and all of this will reinforce the conditions of recessions.

These four charts show that the U.S. has a real deflation problem now...

Why the Price of Oil Surged on Wednesday

price of oil

The price of oil rose dramatically Tuesday, posting its best one-day performance since 2012. All of this occurred in a market with oversupply concerns still unresolved and a continuing host of short artists poised to pummel futures prices at any opportunity.

So, if the environment remains essentially the same, why the rise in prices?

Here's why - in addition to where oil prices are headed next...

Crude Oil Prices Today: The Other Side of the "Glut"

Iran oil

The pundits continue to hawk the same reasons for the fall in crude oil prices today.

These are always "spearheaded" by comments about surging global supply led by the onslaught of unconventional (tight and shale) oil production in the United States.

Invariably, what's missed by these "TV sages" are the pricing dynamics kicking in that virtually guarantee an increase in oil prices as we move into 2015.

Just take a look...

Stock Market Futures in the Green While Oil Slides Another 3%

Stock market futures

Good morning! Stock market futures for Tuesday, Jan. 13, forecasted a 74-point gain over yesterday's close. In the last session, the Dow Jones plunged 96 points after crude oil prices crashed more than 4%.

Today, investors will react to the kickoff of earnings season. Watch for reports from KB Home (NYSE: KBH), Kinder Morgan Inc. (NYSE: KMI), and CSX Corp. (NYSE: CSX).

Here's what else you should know about the stock market today - including your "Money Morning Tip of the Day" - to make it a profitable Tuesday...

The Best Oil ETFs to Buy Before Crude Rebounds in 2015

Best Oil ETFs

Best oil ETFs to buy now: Crude oil prices have dropped to their lowest prices since 2009, falling below $50 a barrel this month, after reaching $115 a barrel in June.

But Money Morning's Global Energy Strategist Dr. Kent Moors says oil prices are near a bottom, and will rebound in 2015.

"As the most fluid commodity in the world, crude oil has the ability to quickly self-correct, which is why longtime oil veterans aren't worried about falling prices,” Moors said. "In fact, the vast majority of them (including myself) actually expect oil prices to climb next year."

These oil ETFs are trading at a huge discount now, but won’t for long…

Current Crude Oil Prices: $50 "Limit" for Brent

current crude oil prices

Current crude oil prices in the United States were on pace for a two-day winning streak Thursday amid modest gains.

In early afternoon trading, WTI prices were up $0.04, or 0.08%, to $48.69 a barrel. Brent crude, meanwhile, was lower by $0.25, or 0.49%, to $50.91 just after noon.

Here's a closer look at today's oil prices - as well as why the current oil price story is still ugly, at least for now...

Stocks to Buy When Oil Is Low – and Stocks to Avoid

stocks to buy when oil is low

With cheap crude oil prices, investors are pondering which stocks to buy when oil is low.

Money Morning Technical Trading Strategist D.R. Barton told viewers of FOX Business' "Varney & Co." today (Thursday) he isn't crazy about oil given the recent slide. But he's also aware that investment prospectuses and investors looking to diversify will still be drawn to the sector.

One oil giant stands out. And another should be avoided. Here's what those companies are.

Today's Oil Prices Spell Profit for These Energy Players

today's oil prices

Getting started this year took a bit longer than usual.

When I returned home from the Bahamas, I had to hook up an entirely new system of computers and peripherals. To top it off, everything is in a new version of Windows.

Talk about a monopoly! After a few beers, I would be happy to tell you what I really think of it.

Finally, things are now getting back to normal.

Of course, the oil price "Grinch" is still with us. He outstayed his welcome weeks ago, but with the shorts still driving oil prices lower he's decided to extend his stay.

And as the first two trading sessions this week have shown, the instability in the energy sector remains as well.

But as I'll show you, it's not all bad news.

For one portion of the industry, lower oil prices actually mean higher profits...

Oil Prices Today Still Near Five-Year Lows

Oil prices today

Oil prices today (Wednesday) edged up slightly after dipping to their lowest levels since April 2009 on Tuesday.

Early Wednesday, WTI oil prices dropped below $47 a barrel, their lowest level in more than five years. But at 9:45 EST, the U.S. benchmark rose to $48 for February delivery.

Here's why crude oil prices were on the rise this morning and where they are headed now...

Oil Stocks to Buy Now That Prices Are Low

Oil stocks

Big-name oil stocks have taken a beating since June.

ExxonMobil Corp. (NYSE: XOM) is down 12.6% in the last seven months. Other oil giants like Chevron Corp. (NYSE: CVX) and ConocoPhillips (NYSE: COP) are down 18% and 22.8% in the same time.

But according to Money Morning's Chief Investment Strategist Keith Fitz-Gerald, the fall won't last forever.

And these stocks will be the biggest winners when oil prices start rebounding...

Crude Oil Price Charts Compare 2014 to 2008

crude oil price chart

Oil hit its lowest point in more than five years this week, continuing 2014's huge drop. This WTI crude oil price chart and Brent oil chart show how large the oil crash of 2014 has been.

In June, WTI oil futures traded as high as $101.33 per barrel. This week they touched $52.51.
That's a drop of 48.2% in just six months.

Here's how that compared to another historic crash in oil prices...

2015 Oil Prices Won't Change the Emerging U.S. Dominance

Stock market today

My recent meetings in Dubai highlighted the profound change that will turn the balance of power in the energy industry on its head.

For years, OPEC was the puppet master, and the United States (and the rest of the world) were the puppets. They pulled the strings, and we danced. OPEC set the price of oil. OPEC controlled the supply.

But those days are ending. After dictating the course of oil prices for more than 50 years, OPEC is finding its influence diminished.

OPEC's oil ministers can read the handwriting on the wall as well as anyone. Not only are they about to lose the largest energy market in the world, but they'll soon be competing for the markets that used to be theirs for the taking.

Because in 2015 the United States will start pulling the strings...

Oil Prices: Black Swan or the Work of Vultures?

oil prices

Over the past few of days, three separate prognosticators have claimed the fall in oil prices is a "black swan" event - in other words, an outlier, a development that fails to follow any normal pattern.

This isn't a black swan, but calling it one may be a good way of clouding up what really is happening.

In this case, there's another motive at work - and the black swan becomes a convenient cover...

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