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Oil Prices

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The Biggest Reason the Price of Crude Oil Is Still Climbing

price of crude oil

The price of crude oil is finally back above $40 thanks to one report last week that indicates supply is falling.

The EIA reported that U.S. inventories declined by 4.9 million barrels.

And while many banks think this decline won't continue, there's one emerging trend that says otherwise...

As the Saudi Arabia Debt Crisis Builds, Here's the $100 Billion Solution

saudi arabia debt

Saudi Arabia debt is expected to reach $87 billion this year.

The Kingdom needs to think of a solution before its debt gets any worse.

That's why it's developing a $100 billion-a-year plan to restructure its economy around one type of revenue...

My Oil Price Forecast Shows Why Crude Supplies and Imports Are Rising

oil price forecast

U.S. crude inventories are sitting at record highs of around 2.05 billion barrels right now.

That's not a surprise. After all, there's a lingering global crude glut.

But what's surprising - at first glance - are U.S. crude imports. They're up by close to 1 million barrels per day. The country took in 8.64 million barrels per day in the week ending March 25, compared to just 7.69 million over the same period a year ago. 

Therein lies what appears to be a paradox: Why on Earth would we import more oil when we may be forced to fill swimming pools with it soon?

The answer is very simple, and it becomes clear when you see my oil price targets...

Why WTI Crude Oil Prices Are Soaring Today

wti crude oil prices

Another day, another country speaking out about the OPEC meeting.

WTI crude oil prices saw gains today after an OPEC country renewed hopes that there will be an output freeze at the upcoming meeting.

But there's a bigger reason why prices are up today - and why they'll keep moving higher in 2016...

Why Crude Oil Prices Today Fell Below $37

crude oil prices today

There's uncertainty brewing over this upcoming OPEC meeting, and it's dragging down crude oil prices today.

In particular, Saudi Arabia is skeptical due to Iran's reluctance to participate in the output freeze.

This is because Saudi Arabia is dealing with a $608 billion problem...

A Market Circus Made by Policy Clowns

Options

Stocks resumed their rally last week after Janet Yellen reassured investors that things are so bad she won't raise interest rates any time soon. The Dow Jones Industrial Average jumped 277 points, or 1.6%, to 17,792.75 while the S&P 500 added 37 points, or 1.8%, on this idiotic "bad news is good news" scenario.

Rear more...

[CHART] The Saudi Arabia Debt Crisis Just Got $9.4 Billion Worse

saudi arabia debt

The Saudi Arabia debt crisis has already reached critical mass.

But a report just came out this week showing how one crucial component of Saudi Arabia's economy took a massive nosedive last month.

These charts explain just how bad the problem is for the world's largest oil exporter...

The OPEC Meeting Will Boost Prices Following Never-Before-Seen Agreement

opec meeting

Anticipation of next month's OPEC meeting has been building, and it's showing in the recent oil price rally.

News of the meeting has put oil prices on track for their best month in almost a year.

But one country is refusing to attend, and it has investors worried that prices will fall again...

Why the WTI Crude Oil Price Is Having Its Best Month in a Year

wti crude oil price

Despite today's losses, the WTI crude oil price is on track for its biggest monthly gain since April 2015.

With crude oil prices finally seeing growth, now is the best time to invest in this oil stock.

But before we discuss this pick, here's the main reason why prices are having a record month...

The Biggest Oil Supply Mystery in Decades – 289 Million Barrels Vanished

oil supply

Excess oil supply has been the global energy market's biggest nightmare for nearly two years now.

But a recent report shows a 289 million barrel discrepancy in last year's oil supply data.

And it demonstrates how this imperfect process of measuring supply is manipulating crude oil prices...

And it demonstrates how this imperfect process of measuring supply is manipulating crude oil prices...

The Saudi Arabia Debt Crisis in 2 Charts

saudi dollar

There's a Saudi Arabia debt crisis brewing, and the Kingdom is racing to fix it.

But exactly how bad is the Saudi Arabia debt situation, and how can the oil-dependent country get out of its hole?

These two charts answer both of those questions...

Why the WTI Crude Oil Price Is Climbing Today

wti crude oil price

The WTI crude oil price rallied higher today as investors remain hopeful ahead of next month's output freeze meeting.

But one OPEC country refuses to take part in next month's summit.

And according to Moors, this country now singlehandedly controls the future of oil prices...

Here's What Has London's Wealthiest Oil Kingpins So Fired Up

oil prices

The City of London is hands-down the most important energy financing command center on Earth. More money for oil and gas projects is raised within a three-mile radius of Liverpool Street station than anywhere else in the world.

Naturally, this part of town is packed to the rafters with some of energy's most influential and important "money men" and women.

When I was at the Palace of Westminster for a closed-door energy briefing at the House of Lords, these financiers were absolutely electrified by one recent development.

It won't be long before these players are going to make a lot of money on this, and we'll have our chance, too...

Why the U.S. Crude Oil Price Soared After the Fed's Decision

us crude oil price

Fed Chair Janet Yellen's seemingly harmless interest rate decision is sending the U.S. crude oil price soaring.

Crude oil prices always shoot higher when the Federal Reserve leaves rates unchanged.

But there are two other fundamental factors that will lift oil prices over the long term...

A Single Country Now Controls the Future of Oil Prices

oil prices

After a hefty rise of 46.9% for the month through close last Friday, WTI crude fell for two consecutive sessions to start the week.

As always, pundits with no real experience in the industry will blame the "glut" - but excess supply on its own is not responsible for today's oil conundrum.

Instead, the key factor in how people regard the market and anticipate oil prices today is guaranteed excess supply.

And the actions of a single country will now decide whether that guarantee will remain...