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Oil Prices

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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...

Why the WTI Crude Oil Price Is Climbing Today

wti crude oil price

The WTI crude oil price climbed higher today thanks to a bullish global supply report.

Despite today's gains, many investors are nervous about the future of oil prices.

That's because the oil market this year hinges on the outcome of this massive event...

How the Biggest Crude Oil Price Shorter in the World Is Manipulating Prices

crude oil prices

Yes, the crude oil price is in the midst of a massive rebound.

But the gains over the last two months have come from a large volume of bearish bets.

And there's one firm with the highest number of short positions in the world that aims to benefit from the oil sector's collapse...

Oil Price Prediction 2016: Prices Will Stabilize Despite 80-Year High Supply

oil price prediction 2016

Oil Price Prediction 2016: It only took 20 months, but crude oil prices finally bottomed out.

WTI crude oil prices are up 54% from their February low of $26.21.

And our new forecast shows how you can profit from their continuing rally in 2016...

Where the Oil Price "Yo-Yo" Is Heading Next

oil prices

Oil prices have been swinging up and down seemingly without reason. This volatility will continue in the short term, but the foundation for long-term price stabilization is being laid behind the scenes.

This will open up plenty of opportunities, so here's what you need to know...

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...