oil price

The Next Iraqi Threat to the Oil Sector… It's Not What You're Expecting

oil sector

If you still doubt that geopolitical heat can rattle the oil sector, then we strongly advise you to carefully watch the events that are about to play out.

Because matters are getting worse: U.S. Secretary of Defense Ashton Carter called out the Iraqi military - during a high-profile TV interview no less - claiming it lacks the will to fight.

In turn, the main Iranian general condemned the U.S. for not acting to halt ISIS' advance soon enough. Here's how all of this will have a huge impact on crude oil stability and global prices...

Make a Killing on the Coming Energy "Debt Bubble"

energy debt

Following some nice recent gains and despite a dip on Tuesday, the market currently remains at just below $60 a barrel for West Texas Intermediate (WTI) crude oil futures in New York.

The recent rise in prices would seem to be just what the smaller operators in the United States need to avoid a sector meltdown.

A few months back, when prices were pushing lows of $40 a barrel, there was widespread talk of a wave of bankruptcies coming in the oil patch. The picture is now better, given a recovery in crude prices.

But there is another shoe about to fall in the ongoing fight by smaller companies to survive...

Why the Crude Oil Price Today Is Down 2.1%

crude oil price today

The crude oil price today (Friday) dropped below $60 in morning trading. The tumble erased most of Thursday’s gains and put oil prices on track for a weekly loss.

But today’s movement is just short-term volatility.

Here’s the biggest reason why prices will be in the $70 range by year’s end…

This Crude Oil Price Chart Shows Where Futures Will Go in 2015

crude oil price chart

Oil prices have had a tumultuous week - but the volatility is only short term.

As this crude oil price chart shows, all major banks see prices rebounding. Some see oil surging to the mid-$70 range by Q4.

Here's where Morgan Stanley, Commerzbank, and others see WTI prices by the end of the year...

Why There’s Been So Much Uncertainty About Oil Prices This Week

OEI crude oil

The recent move in oil prices prompted the talking heads on TV to warn us the market is oversupplied, thereby driving prices down.

But now they will need to switch gears and “explain” why they are moving up.

Here's the real key to this week's oil uncertainty...

Why the WTI Crude Oil Price Is at $61.11

wti crude oil price

The WTI crude oil price saw more gains today after the Energy Information Administration (EIA) reported better-than-expected supply data.

Despite today's boost, oil prices have been volatile over the last week. But short-term volatility is to be expected.

Here's why oil will follow a strange yet upward trajectory...

Debunking the Newest Oil Price Myth

oil price

We've seen massive shifts in crude oil prices in recent weeks.

Of course, this has brought back some rather specious arguments by talking heads on TV and pundits spinning the next Armageddon scenario.

The latest is about how rising oil prices will prompt more volume to come online from a particular type of well (called DUCs), sending oil into another tailspin.

I'll deal with that in a minute but first let's address those pundits...

The Two Best Oil Stocks to Buy Now

oil stocks to buy now

Oil prices have fallen 35% in the last year - but there are still great oil stocks to buy now.

In fact, Money Morning Chief Investment Strategist Keith Fitz-Gerald recommends two that are set to surge from growing demand.

Here's why these two picks are going to profit from "chaos in the energy sector"...

Crude Oil Price Predictions 2015: Why the Market Is Gaining Traction

oil price predictions

Oil prices have gained 17.5% in the last month. This week, they reached $62 a barrel for the first time since December.

The rally reinforces our oil price predictions that WTI and Brent will rebound throughout 2015.

Here’s why we’re bullish on our projections - and how you can profit from their momentum…

How Much Is a Barrel of Oil Today?

how much is a barrel of oil

How much is a barrel of oil, 5/6/15: Oil futures maintain their month-long winning streak today amidst geopolitical concerns in Saudi Arabia, Yemen, and Libya.

Today marks the first time WTI oil has reached above $62 since early December.

Here's why prices have been surging lately...

How Much Does a Barrel of Oil Cost?

how much does a barrel of oil cost

How much does a barrel of oil cost: Oil prices soared this morning after protests in Libya cut off an oil export hub.

Oil futures saw their largest monthly gain in nearly six years in April.

But there's an unusual development occurring in the energy sector that hasn't happened during other low price periods...

Why Alternative Energy Isn't Taking It on the Chin (Despite Low Oil Prices)

oil prices

When oil prices decline, there's always an inevitable uptick in demand. The reason for this is simple: Markets tend to use more of a cheaper product. After all, when prices at the gas pump are low, a family trip across the country is much easier to plan.

This increase in oil demand has historically caused other forms of energy to stagnate.

But that just isn’t the case with the alternative energy market this time...

Crude Oil Prices Today Close at 2015 High

crude oil prices today

Crude oil prices today hit their highest level of the year after China released declining manufacturing data.

The Energy Information Administration (EIA) also helped the market with its weekly report - which showed lower production for the second straight week.

Here's what you need to know about today's huge gain - and why prices will go higher in 2015...

I'm Counting on Chaos in the Energy Sector and You Should, Too

energy sector

Are we worried about smaller players in the energy sector "just plain going out of business"? No way!

Not only are we not afraid of weaker players being swept away, we're counting on it.

Because people are forgetting about this one important nugget of information - it's what separates the average investors from the millionaires...

3 Charts Show How Overvalued Some Oil Stocks Have Become

oil prices

The price of oil has climbed sharply in the last month. As of April 17, futures of WTI oil were priced as high as $56.81. That's a gain of more than 29% from their $44.03 bottom from mid-March.

Investors trying to play rebounding prices have flooded into oil stocks in the last month.

But investors trying to buy in now are looking at highly overvalued stocks. And these three charts show why...

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