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Crude Oil

These 3 Charts Put the Crude Oil Price History in Perspective

crude oil price history oil futures

It's no surprise that we're experiencing one of the worst slumps in crude oil price history.

But the good news is oil prices have already bottomed out. As prices move higher, oil will stay crucial - but it won't rule the market like it used to.

These charts illustrate where oil has been - and where it's going...

How Will the Yemen Crisis Affect Oil Prices?

how will the yemen crisis affect oil prices

As violence escalates in the Middle East, one question is on energy investors' minds - how will the Yemen crisis affect oil prices?

The event could imply an "Arab Spring II" due to low oil prices right now.

Here's where oil is headed by July...

What Is the Price of Oil Today?

what is the price of oil today

What is the price of oil today: Oil prices hovered around their lowest levels in six years today (Monday) as investors disregarded OPEC's forecast that U.S. output will halve by the end of 2015.

But there's one factor changing the industry's landscape that will raise oil prices as high as $65 a barrel by late August...

Why WTI Crude Oil Prices Fell Today – and Where They're Headed

wti crude oil

The price of WTI crude oil fell below $48 a barrel today (Wednesday) after the Energy Information Administration (EIA) released its weekly supply report.

But there's one consequence of lower oil prices that will inevitably move them up.

Here's everything you need to know about today's drop and the future of oil prices...

Current Crude Oil Prices at $50.78 – Here's What's Next

current crude oil prices

Current crude oil prices remain below $52 a barrel. Today's slight drop comes at the end of a week that has seen a 3.8% drop so far.

But despite recent pullbacks, WTI and Brent are up 6% and 19% in the last month.

Here's where prices are headed to next - and how they'll get there...

Price of Oil per Barrel Hits $52 as Analysts Continue to Misread Market

price of oil per barrel

The current price of oil per barrel rallied hard today (Friday) at the end of an extremely volatile week.

Oil prices have been U-shaped this week, hitting highs of $54 midday Monday and lows of $48 midday Wednesday before soaring back up today.

But analysts keep calling for lower prices.

Here's what they're failing to understand…

Oil Price Today Slips to $49.86

oil prices today

Oil prices today (Tuesday) fell below $50 for the first time in three trading sessions.

The decline came after the International Energy Agency (IEA) warned oil prices may stay down as stockpiles increase.

Here's what you need to know about today's decline and what the experts think about it...

The Saudis Are Losing Their Leverage over Oil Prices

oil prices

In an oil market version of a game of chicken, Saudi policymakers are trying to make U.S. producers blink first. And it's starting to work.

U.S. rigs are being brought offshore and drilling projects are being shelved. This will have an impact on the supply side in short order. By this summer, oil prices may be back to a range of $65 to $70 a barrel.

But in waging this doomed oil price war and pushing home its point, the Saudis have made a fatal mistake...

Crude Oil Price Today at $47.95 Marks Huge One-Day Drop

crude oil price today

The oil price today (Wednesday) abruptly fell below $50 again.

The oil price drop came after another weekly supply announcement. The U.S. Energy Information Administration reported crude oil supplies rose by 6.3 million barrels to 412.1 million in the week ended Jan. 30.

Here's everything you need to know about oil's sharp decline today...

Crude Oil Price Drop to $44.78 Brings Us Near Decade Lows

crude oil price drop

The crude oil price drop today (Tuesday) fell to its lowest in five years. Both WTI and Brent oil are down 59% since June 2014.

If this trend continues, oil will be the lowest in a decade.

Here's where prices are headed now...

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…

The Early Read on 2015 Markets

stocks to buy

For the first time since 2008, stocks traded down on the last trading day of the year and the first trading day of the New Year.

Whether this will prove to be a mere statistical curiosity or a harbinger of troubles ahead remains to be seen, but there are enough headwinds facing investors to force them to don foul weather gear for the year ahead.

Markets are likely to see heavy seas in 2015 as the Fed starts raising interest rates and oil prices stay lower for longer than anybody expects... 

Oil Prices Today Hit New Low, Remain Extremely Volatile

oil prices today

Oil prices today (Monday) dropped to new yearly lows after spending much of the morning on the rise.

At 1:00 pm EST, WTI oil fell more than 3% to $52.90 per barrel for February delivery. Brent oil was down 2.8% to $57.79 in afternoon trading.

Here's why crude oil prices are so volatile today and what investors can expect now...

Crude Oil Price Chart: This Is the 4th-Largest Drop in 30 Years

crude oil price chart

West Texas Intermediate (WTI) crude oil dropped to $63.38 yesterday (Monday). At that level, the price of oil is now down more than 42% since September of 2013.

As this crude oil price chart shows, that's the fourth-largest bear market for oil in the last 30 years.

And while this isn't the biggest drop for oil, it is the longest bear market among the top five dips.

Here's the full story...

OPEC Oil Price War Won't Be Successful

OPEC Oil Price

In a highly publicized meeting last month, OPEC announced it would maintain high production levels in an attempt to disrupt U.S. shale oil producers.

But the OPEC oil price war simply won't work says Money Morning's Global Energy Strategist Dr. Kent Moors. He's been meeting with some of the world's top oil policymakers in Dubai this month and has been analyzing OPEC's strategy.

Moors appeared on Bloomberg TV in London this morning (Monday) and explained why OPEC is fighting a losing battle. He also detailed what the fair market price for crude oil is right now...