oil price

Crude Oil Prices Are Headed Higher Thanks to These Two Global Events

crude oil prices

Two events this week indicate the situation in two global hotspots is getting worse, and both will have a significant impact on crude oil prices.

First, the Islamic State, the terrorist group formerly known as the Islamic State of Iraq and the Levant, attacked the Mosul Dam. Second, the mayor of Kiev in Ukraine turned off the hot water.

Neither is a good sign, and each promises to shake up oil prices…

Oil Prices Are at Iraq's Mercy – but You Can Profit

20140702-KM-CNBC

In a Tuesday appearance yesterday on CNBC's "Closing Bell" program, Money Morning Global Energy Strategist Dr. Kent Moors discussed his outlook for the strife in Iraq and what it will mean for oil prices.

"I think the situation in Iraq is about to deleverage, and deleverage quickly," Dr. Moors said. But he also said that certain oil companies were actually benefiting from the recent turbulence in oil prices.

In this video, Dr. Moors talks about why this is happening - and names the companies that stand to gain...

Read More…

Why the Oil Price "Spread" Is Getting Tighter

The oil price spread between West Texas Intermediate and Brent is tightening again.

As of this morning, this spread stood at 7.2% of the WTI rate (the more accurate way to register its impact in the U.S. market).

And as this oil price spread continues to narrow, it promises to create some direct consequences for energy investors.

Here's what's behind it, and what investors need to know moving forward...

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...

It's Time to Climb Aboard the Oil-by-Rail Boom

Rail transit is about to make you some big money...in oil.

That's why I'll be headed to Dallas in late August and Calgary mid-September for extensive meetings with all of the key players.

I can promise you, that in a hurry this is going to get a lot bigger.

As it happens, I'll be providing all of the details for average investors to profit from this monumental change.

Let me explain to you how all of this has suddenly come about...

A Big Time Squeeze for Refineries is About to Begin

Energy oil barrel

After banking some very hefty profits for Energy Advantage and Energy Inner Circle subscribers on refining stocks earlier this year, the entire sector now is about to land "between a rock and a hard place."

Once a high-flying place for investors to earn substantial profits, refiners have been under pressure for the last two months. But that's actually just the beginning of what's to come.

To continue reading, please click here...

Why the Fed's QE Policy is Bullish for Oil Prices

Most investors have followed what the Fed's QE policy has done to gold, but few realize its impact on oil prices.

Recently, I talked about how crude was beginning to occupy a position as a store of market value ("Why Oil Is Becoming the New 'Gold Standard," May 20, 2013). The development has been a direct consequence of the flight from holding gold.

That flight may be tapering and a new floor established for the next major spike by the metal.

The problem is there is no agreement on which direction that move will be...

These days, a sudden improvement in gold prices may only extend as far as hedge funds and institutional investors covering shorts.

Nonetheless, there is an interesting parallel developing between the plight of gold and crude oil prices.

These Oil Stocks Are the Big Winners in This Year's "Summer Pop"

I have been "in the field" for the past several days and will be back in circulation later this week. But I wanted to send you a note on what's been taking place recently.

The last two trading sessions have seen a spike in oil stocks. The rise has been focused on companies that provide services to early-stage field development, as well as for crude production.

Now, we have witnessed a similar "summer pop" in each of the past three years. It tends to signal a rise in expected medium-term demand for both crude oil and oil products.

However this time around, the improvement isn't reflected in companies across the board, but rather in those emphasizing geographically specific field plays.

To continue reading, please click here...

How to Invest in Oil's Final Frontier: The Arctic

Polar bear

Investors searching for how to invest in oil in 2013 should be focused on these latest developments from the Arctic.

In fact, countries are racing to get a piece of what could be the final frontier for oil...

As ice melts in the Arctic region, oil and gas trapped beneath the water becomes more accessible.

Money Morning Global Energy Strategist Dr. Kent Moors recently explained to Money Morning members about the search for Arctic oil and gas.

He spoke about the years-in-the-making U.S. Geological Survey's Circum-Arctic Resource Appraisal. The study found that 84% of the total undiscovered oil and gas left on the planet is located above the Arctic Circle, mainly offshore and in three huge basins that lie under shallow seas.

To continue reading, please click here...

Oil Price Manipulation Awakens Libor, Enron Ghosts

Energy oil barrel

Last July, we warned you that oil prices could potentially be manipulated in similar fashion to the London Interbank Offered Rate (Libor), and now a recent raid of major oil companies highlights this growing danger to the $3.4 trillion-a-year crude market.

The European Commission last week stormed the offices of Royal Dutch Shell PLC (NYSE ADR: RDS.A, RDS.B), BP PLC ( NYSE ADR: BP), and Statoil ASA (NYSE ADR: STO) as part of the ongoing investigation to find out whether companies are manipulating oil prices and, if so, how long it has been going on and the possible ramifications.

"The commission has concerns that the companies may have colluded in reporting distorted prices to a price reporting agency (PRA) to manipulate the published prices for a number of oil and biofuel products," the EC said in a statement.

Besides major oil companies, big banks are active in the energy market and would likely benefit from any manipulation, David Frenk, director of research at the financial reform group Better Markets and a former commodities analyst, told CNN.

The ordeal has brought back memories not only of last year's Libor scandal but also of the actions taken 12 years ago by Enron to control energy prices.

To continue reading, please click here...