oil price

How the Latest Greek Drama Will Affect the Price of Oil

the price of oil

The longer the Greek debt crisis remains unsolved, the bigger the impact on the price of oil. There are three primary concerns, all of which are pushing oil lower.

Once any sort of resolution emerges, oil prices will bounce back. But the longer that takes... the longer the volatility...

Here's what to expect in the coming days...

Why Our Oil Price Forecast Just Moved Higher

oil price forecast

Oil prices are up 14.5% year to date.

Concerns that have plagued the oil patch over the last several months, including supply/demand, are subsiding.

So where's oil headed? Keep reading for our latest oil price forecast...

Why the WTI Crude Oil Price Today Rose to $61.37

wti crude oil price today

The WTI crude oil price today surged above $61 in morning trading on declining inventory data.

The rise in oil prices came after the American Petroleum Institute (API) released a bullish weekly supply report.

Here's what that means for oil price forecasts for the rest of the year...

The Best Oil ETF to Invest in Today

crude oil etf

With oil prices ready to continue their rebound, investors are on the hunt for the best oil ETF to invest in now.

WTI oil prices are up 23.2% since they bottomed at $49.65 on March 17. They are still down 37% since June 23, 2014.

That's why we're recommending this oil ETF today...

Why I'm Revising My Oil Outlook… Upward

Dow futures

I just left a closed-door meeting in Paris. Assembled here were some high-powered oil practitioners, the traders selling their productions, and the bankers financing all of it.

As often happens, the pundits and talking heads have been discussing matters quite similar to what was on our agenda. And as usual, their perspectives are very different from those of us "behind the scenes."

For some time I have been talking in Oil & Energy Investor about a confluence of factors leading to a rise in oil prices. It was heartening to see I was right according to those assembled in my meeting - except for in the case of one interesting factor.

Here's the Latest Saudi Ploy to Control Oil Prices

oil prices

Something created in London several years ago is beginning to have a major impact on oil prices and the oil market today. Unfortunately, this "something" is just what the Saudis need.

The ongoing battle between Saudi Arabia and American shale production over the international market continues.

Here's how the Saudis are grabbing control over pricing...

Here's Why Crude Oil Prices Are Up Today

why crude oil prices are up today

Why crude oil prices are up today: Oil surged above $60 a barrel after the EIA released a bullish drilling report.

Daily oil production in the major shale regions is expected to fall to 5.5 million barrels in July.

Here's why that decline will happen - and how it'll move prices into the mid-$70 range...

What Happened at the OPEC Meeting Today?

opec meeting

At today's OPEC meeting, the cartel announced it would maintain its collective output at 30 million barrels a day.

The decision marks the second time since November that OPEC will defy the global supply glut and weak oil prices.

But OPEC has been lying about its production ceiling all along...

How the OPEC Meeting Is Affecting Oil Prices

opec meeting

The Organization of the Petroleum Exporting Countries will hold its first oil summit of the year in Vienna tomorrow.

The OPEC meeting will be the first since the cartel fired off the first shot in the "price war" last November.

Here's what you should keep an eye on during the summit...

Why the Price of Oil Is Baffling Analysts (but Not Us)

price of oil

It sure has been amusing to watch the instant oil experts trying to shove their "square peg" explanations into the "round hole" price of oil this week.

So why do these analysts keep getting it wrong? Is it because they have vested interest in oil falling for short plays?

Maybe. But there's another force afoot as far as the price of oil is concerned...

Crude Oil Prices Today: $60.83 and $65.56

crude oil prices today

Crude oil prices today tumbled in response to fresh supply numbers from the EIA.

The agency reported a 1.9 million barrel decline last week. It fell short of analysts' expectations of 2.4 million barrels.

But investors are focused on an even bigger event on Friday that will dictate oil's movement this year...

Don't Buy a Crude Oil Index ETF, Buy This Energy Stock Instead

oil index etf

Many investors are looking to buy a crude oil index ETF to profit from oil's rise throughout 2015.

WTI oil prices are up 7% this year. And we expect oil prices to continue climbing in 2015.

But many crude oil index ETFs have one major problem right now that many investors aren't aware of...

What Is the WTI Oil Price Today?

wti oil price today

The WTI oil price today broke the benchmark's three-day losing streak amid a surging dollar and new inventory data.

Although prices are experiencing a long-term recovery, some producers are getting beaten down by debt across the board.

Here's how their collapse will open up profit opportunities in 2015...

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...

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