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Oil Prices

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Forget About Supply and Demand – a New Equilibrium Is Now Setting Oil Prices

oil prices

Oil prices will trade in a narrow range ahead of the June OPEC meeting. But a bigger catalyst, one that has nothing to do with supply or demand, is already rocking the sector.

A new "oil equilibrium" is forming - an entirely new kind of energy investment that will change the industry as we know it. Here's what you need to know...

Crude Oil Prices Today Fall 1.9% After This Bearish Report

crude oil prices today

Crude oil prices today tumbled in morning trading following last month's 20% rally.

Both Brent and WTI oil prices were down 1.9% and 2.5%, respectively.

And it's all thanks to this bearish supply data released by Reuters...

Why I'm Revising My 2016 Crude Oil Price Forecast Now

oil prices

After the failed Doha meeting, doomsayers predicted the price of oil would crater. With WTI rising nearly 20% in April, they couldn't have been more wrong.

Now Dr. Kent Moors is revising his oil price forecast upwards. He says there are three key reasons why...

Why These Oil Price Predictions from Wall Street Are Dead Wrong

oil prices

Many banks on Wall Street have overwhelmingly bearish oil price predictions.

In fact, there's one bank that sees oil prices falling below $30 by the end of the year.

This chart shows where four major banks see prices heading through 2017...

WTI Crude Oil Prices Will Stabilize Thanks to These 5 Crises

wti crude oil prices

WTI crude oil prices just touched their highest level in nearly five months.

And Money Morning Global Energy Strategist Dr. Kent Moors says prices will stabilize at current levels.

That's because there are five crises brewing that will keep prices in check throughout 2016...

The Five Geopolitical Crises Moving Oil Prices Now

crude oil stocks

WTI crude oil prices have hit the $42 to $45 target Dr. Kent Moors set for mid-June.

Now he sees five geopolitical crises emerging, and each one will have a tremendous impact on energy moving forward.

This first one, for example, could give crude an immediate jolt...

Why Crude Oil Prices Haven't Crashed Despite Saudi Arabia's Efforts

crude oil prices

Fallout from the failed Doha meeting was essentially a non-event. In fact, crude oil prices have rallied this week.

There's one very simple reason why - and it has nothing to do with an oil production freeze...

Saudi Arabia Threatens to Crash U.S. Markets

saudi arabia

President Obama's trip to the Saudi capital of Riyadh this week comes at an awkward time.

That's because Saudi Arabia sent a warning to the U.S. as Congress tries to pass a bill that would hold the Saudi government responsible for the Sept. 11 attacks.

And this threat targets the heart of the U.S. economy...

Saudi Arabia Debt Will Rise $113 Billion If the Country Acts on Its Threat

saudi arabia debt crisis

Low oil prices are sending Saudi Arabia debt levels to record highs.

Now, the Kingdom is issuing an even larger threat to one of its biggest competitors.

And it could send the country's economy spiraling out of control...

Why the Crude Oil Price Is Surging from the Kuwait Oil Strike

crude oil price

Both crude oil price benchmarks are on the rise again today (Tuesday, April 19).

But today's gains have nothing to do with the Doha meeting.

Here's why oil prices are up today...

Crude Oil Prices Today Crash After Failed Doha Meeting

crude oil prices today

Crude oil prices today plunged below $39 after everything the oil market feared would happen... happened.

Both WTI and Brent crude oil prices fell to their lowest level in seven sessions.

And it's all thanks to the failure of the biggest oil meeting in decades...

What's Next for Crude Oil Prices After Today's Doha Meeting

crude oil prices

The future of crude oil prices hinges on the most important oil meeting in decades today.

Anticipation for the meeting has sent oil prices on a 35% rally ever since it was announced back in February.

But investors are anxious to know how crude oil prices will perform after the meeting...

This Sunday's Doha Meeting: Expect "Psychological Stimulus"

oil prices

Don't expect a production cut from this Sunday's Doha meeting. Unlike what some analysts think, that's not what this oil meeting is about.

Instead, here's what will happen - and how it will affect oil prices...

The WTI Crude Oil Price Crash Made This Unknown Firm Over $1 Billion

wti crude oil price

Despite the 23% rebound over the last two months, the WTI crude oil price is still down over 60% since June 2014.

This plunge has caused U.S. oil companies to suffer record losses.

But there's one company that's profited $1.6 billion from the price crash...

What the Doha Meeting Really Means for Oil Prices

oil prices

The oil patch is abuzz with rumor and speculation concerning the April 17 meeting of OPEC and non-OPEC oil-producing nations in Doha, Qatar.

In fact, the markets have already reacted to the meeting, even though it hasn't happened yet; the New York-set crude benchmark West Texas Intermediate surged more than 4.5% this week, a week that saw crude head up for the most part.

But as I've said throughout oil's ongoing volatility, these days, perception and expectation in the oil markets are far more important than fundamental supply and demand. Demand is growing, and higher prices can unleash more than enough supply to meet that demand.

So, let me show you what traders are "perceiving" right now in advance of this meeting - and what that means for crude prices from here on out...