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WTI Crude Oil Price Today Down on Middle East Conflict News

wti oil prices

The WTI crude oil price today fell as tensions come to a head between Saudi Arabia and Iran.

The conflict between the two OPEC members sparked worry among oil investors as many sold their positions to prepare for unpredictability in the region.

And there are three matters you'll want to watch as these events pressure the oil market for the foreseeable future...

Dow Jones Industrial Average Tanks Today After China's Market Crashes

Dow Jones Industrial Average

Good morning! Dow Jones Industrial Average futures today (Monday, Jan. 4) were down 316 points ahead of the opening bell.

A massive sell off in the Asian markets triggered circuit breakers that suspend trading during times of massive volatility. But not before Mainlaind Chinese stocks cratered.

Here's what else investors need to know about the Dow Jones Industrial Average today...

Why WTI Crude Oil Prices Fell Nearly 4% Today

oil prices

West Texas Intermediate (WTI) crude oil prices fell today after the EIA reported a weekly increase in domestic oil supply.

Despite supply being at an 80-year high, there has been a clear contraction in U.S. oil operations.

Here's how this phenomenon is priming U.S. producers for a great year in 2016...

Dow Jones Industrial Average Up Today as Oil Prices Stabilize

Dow Jones Industrial Average

Good morning! Dow Jones Industrial Average futures today (Tuesday, Dec. 29) were up 62 points ahead of opening bell.

Crude oil prices rallied last week and are slightly up by 0.76% this morning. Fears of oil glut and a pricing war between OPEC and non-OPEC producers dropped the price to $37.09 per barrel.

Here's what else investors need to know about the Dow Jones Industrial Average today...

WTI Crude Oil Prices Fall Today to 39% Drop in 2015

oil price

WTI crude oil prices today fell in early morning trading as the commodity closes out its worst year since 2008.

Many pundits blame the recent repeal of the oil export ban for today's drop in prices.

But there are a few reasons why boosting oil exports would actually lift prices over the long term...

Dow Jones Industrial Average Down 74 Points as Oil Prices Slump

Dow Jones Industrial Average

Good morning! Dow Jones Industrial Average futures today (Monday, Dec. 28) were down 74 points ahead of opening bell.

Crude oil prices rallied last week but are down 3.18% this morning. Fears of oil glut and a pricing war between OPEC and non-OPEC producers dropped the price to $36.89 per barrel.

Here's what else investors need to know about the Dow Jones Industrial Average today...

These Are the Three Reasons Why U.S. Oil Production Hasn't Declined… Yet

oil well

Over 2015, a persistent surplus in oil production has offset significant cuts in forward capital commitments and a decrease in drilling - the number of drills in the field is now less than one-third of what it was when the slide began last year.

But U.S. oil production has remained high, despite a clear contraction in operations. This is perhaps the least understood event of the past year.

There were essentially three reasons why this occurred... and they explain the next phase in oil markets...

This Crude Oil Price Chart Shows Every Crash Since 1985

crude oil price chart

The past 18 months have delivered one of the worst oil price crashes in history.

After all, WTI crude oil prices have plunged 67.4% since June 2014.

But this crude oil price chart shows that it's only the second-largest bear market for oil in the last 30 years...

Why WTI Oil Prices Are Up Today

wti oil prices

WTI oil prices edged higher today after they sank below $34 a barrel yesterday for the first time since 2009.

Prices rose today mainly because of the start of February futures contracts.

But there's another reason for today's boost that could have widespread implications for U.S. oil companies...

Dow Jones Industrial Average Up 22 Points on GDP Report

dow jones industrial average

Good morning! The Dow today (Tuesday, Dec. 22) gained 22 points in the opening hour.

Today the Dow Jones Industrial Average is reacting to the third revision to Q3 U.S. GDP reports by the Commerce Department.

Crude oil prices are rising from 11-year lows to open the market. Despite fears of oil glut and a pricing war between OPEC and non-OPEC producers, oil prices have risen to $36.02 per barrel.

Here's what else investors need to know about the Dow Jones Industrial Average today...

Dow Jones Industrial Average Up Today Despite Oil Prices Hitting 11-Year Low

FOMC meeting minutes today

Good morning! The Dow today (Monday, Dec. 21) gained 139 points in the opening hour.

Today the Dow Jones Industrial Average is still reacting to the Federal Reserve's decision last week to raise interest rates .

Crude oil prices came are at 11-year lows to open the market. Fears of oil glut and a pricing war between OPEC and non-OPEC producers dropped the price to $34.53 per barrel.

Here's what else investors need to know about the Dow Jones Industrial Average today...

WTI Crude Oil Prices Today Put Weekly Losses at 3.1%

wti crude oil prices today

WTI crude oil prices today were down 1.3% as the U.S. benchmark finishes out its third straight weekly loss thanks to oversupply concerns and an interest rate hike.

But today's fall is only a knee-jerk reaction.

Here's what will really affect prices in 2016...

Negotiations Over Oil Production Broke Down – but Not for the Reasons You'd Think

moor-saudi-arabia

In the UAE's oil capital of Abu Dhabi, OPEC and Russia have been negotiating a coordinated cutting of oil production, which would lead to a movement up in global crude prices.

Unfortunately, any anticipation about these meetings was effectively negated over the past few days by three unexpected factors.

And while the Persian Gulf has long been the center of the world's energy markets, these three factors were, surprisingly, dictated elsewhere... the first one somewhere you'd least expect it...

How Lifting the U.S. Oil Export Ban Will Affect Prices

u.s. oil export ban

The United States might start exporting oil for the first time in 40 years.

The House of Representatives just proposed to lift the U.S. oil export ban as part of a $1.1 trillion spending bill for fiscal 2016.

Here's why this could be a healthy move for the energy market...

Dow Jones Industrial Average Up Today as FOMC Meeting Begins

dow jones industrial average

Good morning! The Dow today (Monday, Dec. 15) climbed 13 points in the opening hour.

Today the Dow Jones Industrial Average is positively reacting to the Federal Reserve's meeting on whether or not interest rates should be raised.

Crude oil prices are volatile because of the FOMC meeting and fears of oil glut and a pricing war between OPEC and non-OPEC producers.

Here's what else investors need to know about the Dow Jones Industrial Average today...