Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing

Crude Oil

Article Index

How to Invest in the World's Biggest Shale Oil Field

Industrial pipelines

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...

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.
Read More...

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:

1. Will Syrian President Bashar Assad hand over all of his chemical weapons?

2. Will the proposed international control mechanisms satisfy Washington?

3. Will the final result contained in the U.N. report on the chemical weapons use outside of Damascus alter the outcome?

Of course, until the latest news hit, one result had seemed certain: The global oil market was bracing for higher prices. West Texas Intermediate (WTI) closed at a 28-month high on Friday, while Brent crossed the $116 a barrel level.

Following the agreement, that trend has reversed, sending oil prices in both New York and London lower.

But has this crisis really been defused?

Just look at oil prices, and where they're undoubtedly headed......

How to Play the 'Syrian Premium' in Oil Prices

Energy oil barrel small

There's an uneasy lull in the Syrian crisis.

Now that the Obama administration has decided to seek Congressional approval for a Syrian strike, we are in a hazy period before some major decisions are made.

And while a Senate committee has approved a military move against Syria, further action will be slow to come. Congress is officially on recess until Monday.

To continue reading, please click here...

How to Find the Best Investments in Shale Oil

It's raining money

Some of the best investment opportunities today are in the energy sector. And there's one area in particular that's becoming so lucrative companies are tripping over each other to take part in it. But which are the best investments? We can tell you exactly where to start looking...
Read more...

How Syria Affects Oil Prices Today

Gasoline pump left Q

As U.S. military personnel prepare for possible action against Syria, Brent oil prices are hovering near an 18-month high.

On Thursday, Brent oil prices retreated slightly, but remained elevated, after starting the day above $116 a barrel. Prices for West Texas Intermediate (WTI) also retreated by a little more than 1%, closing the day at $108.80.

Brent prices have climbed steadily following escalations across Egypt and the ousting of President Mohamed Morsi.

Meanwhile, in the United States, improved infrastructure and greater network access have fueled WTI prices to near par with Brent this month.

But Brent prices have spiked this week following news that the West may intervene in Syria, where a chemical attack was allegedly launched against civilians.

Despite warnings from Russia and China, it remains unclear whether the United States will intervene. However, any action is likely to set off a chain reaction across the Middle East and could affect trade within the region, especially on oil shipments.

Here are the details on how Syria affects oil prices, what that means for you - and how to profit.

To continue reading, please click here...

Jim Rogers on Why Oil and Gold Are Headed "Much Higher"

Ammo AK47 q

Legendary commodity investor Jim Rogers sees some serious problems stemming from the situation in Syria and the end of the Fed's generous flow of money.

In an interview with Reuters on Tuesday, Rogers said "oil and gold will go much, much higher" due to a "market panic."

"I own oil, I own gold, I own things like that and if there is going to be a war, and it sounds like America is desperate to have a war, they're going to go much, much higher," Rogers said. "Stocks are going to go down, some of the markets that I'm sure are already going down, commodities are going to go up. I'm not particularly keen on war, I assure you, but it sounds like they want it."

Rogers continued, "No matter how well the plans are made, strange things happen in war and who knows what unintended consequence will come."

Equities have been hit hard over worries of a war with Syria. The rout started late Monday following comments from U.S. Secretary of State John Kerry that the United States has a moral obligation to act on Syria's chemical weapon attacks. Selling picked up steam Tuesday with the Dow plunging 170 points.

To continue reading, please click here...

2013 Oil Prices: Where We Go From Here

Arrows Up Down 2

You can tell a lot about crude oil prices by studying one key pattern - a pattern that has abruptly reversed of late. The reasons for the sudden change could have a profound impact on energy investors...

Read more...

How to Invest in Oil as Pipelines Release Trapped Profits

oilfaucet

The story of how to invest in oil in the U.S. is changing thanks to a new development...

Before now, much of the increased oil production (U.S. output at a 17-year high) from the Bakken in North Dakota and the Eagle Ford and Permian Basin in Texas never reached the marketplace. It simply piled up in storage facilities at the main U.S. oil hub in Cushing, OK.

The huge inventory of oil at Cushing was the main culprit behind domestic WTI (West Texas Intermediate) crude oil selling at a discount to the global benchmark, Brent crude oil.

But, as pointed out by Money Morning Global Energy Specialist Dr. Kent Moors, that is all beginning to change.

Already the spread between WTI and Brent has narrowed dramatically from about $20 a barrel in February to less than $3 a barrel today.

The reason for the change is the amount of pipeline infrastructure being added to move oil from the Cushing choke point to refineries on the Gulf Coast.

To continue reading, please click here...

The Shale Oil Boom is Going Global (Starting With This Huge Deal in Argentina)

The U.S. and Canada dominate the shale oil boom, but that’s about to change. Dr. Kent Moors details where these other big shale oil reserves reside.
Read More...

Is the U.S. Oil Boom Out of Balance?

The U.S. oil boom illustrates how energy costs can actually rise as the volume of crude surges. Money Morning's Dr. Kent Moors explains.
Read More...

Another Shoe Has Dropped… and It's a Big One

I wasn't more than 30 minutes outside of D.C. the other night before my cell phone started ringing.

The calls involved breaking new developments overseas that promise to have a big impact on the global energy markets. They concerned a major global energy situation that is likely to create a domino effect that will have consequences for U.S. domestic policy.

To continue reading, please click here...

The Next Best Investments in Oil Come From This Texas Sweet Spot

drop of a black liquid

As I wrote up this analysis of the best investments in oil, a familiar saying came to mind: "Everything old is new again."

A truer statement could not be said about the Permian Basin, which is a geological formation roughly 300 miles long and 250 miles across that stretches across west Texas and eastern New Mexico.