price of oil

How Falling Crude Oil Prices Could Trigger an Unpredictable, Dangerous Mess

crude oil prices

The dive in crude oil prices continued Monday as yet another sell-off targeted the energy sector for a particularly big hit.

This too shall pass. But the prospect of a protracted decline in oil prices is beginning to have broader policy implications in dangerous parts of the world, where rising prices have been the norm for most of the last decade.

As this situation develops, it could quickly get downright nasty…

Where Crude Oil Prices Are Headed Next

crude oil prices

To hear some analysts tell it, geopolitics and the weather are exogenous events when it comes to energy prices. That is, somehow crude oil prices would operate "rationally" if it weren't for either of them.

That type of thinking is costly. When investors disregard the weather, the geopolitical, or both, they lose money.

So as we begin the fourth quarter, I’m going to handicap where oil prices are headed next…

Price of Oil Edges Higher – Here’s What to Look for by End of 2014

Oil

The price of oil has climbed slightly this week with West Texas Intermediate (WTI) hitting an intra-week high of $95.17 for October delivery today (Friday).

Despite this week's price hike, WTI prices are still well below the three-year high of $105 a barrel they hit in June.

But even though prices have dropped the last two months doesn’t mean we’re out of the woods. The price of oil could still soar in a hurry…

Oil Prices Today and the Iraq Crisis

OIl Prices & the Iraq Crisis

Oil prices today are approaching $107 a barrel as offenses by Islamic militants in Iraq are causing concerns that Iraq's oil supplies and exports could be slowed of entirely cut off.

The crisis has consumers worrying how high the price of oil will go and how U.S. policies will be impacted.

Money Morning's Global Energy Strategist Dr. Kent Moors appeared on FOX Business' "Countdown to the Closing Bell" yesterday (Thursday) and discussed the potential collapse of Iraq and how that could impact the price of oil and U.S. consumers.

See his take here:

Read More…

Iran's "Oil Show" Just Revealed a Huge Opportunity

Let's face it: Iran isn't at the top of anyone's list when considering all the profit opportunities out there in the world. At least, not yet...

You see, Iran is changing - and quickly.

Its new political regime at least appears to be increasingly open to the West.

Its old-style buyback contracts with international oil companies have long been considered high-risk with little or no flexibility; they essentially allowed Iran to own the oil company assets and allow the company a stream of profit.

But the isolated nation recently announced the introduction of a new generation of oil contract, one that promises to be considerably friendlier to foreign partners.

Full Story...

We Struck Oil… Lots of Oil

oil

In December 2013, I let our readers in on a way to invest directly in a new oil and gas drilling venture.

In the time since, I've been spending a great deal of time at the drilling site in South Texas, keeping an eye on the progress.

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...

Gas Prices Are Heading Up (and the Sector That Will Benefit)

Rising Gas Prices

The price of gasoline in the U.S. is on the rise again.

Futures prices for RBOB ("Reformulated Blendstock for Oxygenate Blending"), the NYMEX futures contract for gasoline, are up over 11% for the year, and a full 6.6% of that increase has come in the past month.

In fact, gas is up 2.4% over the past week alone. Today, the average retail price is 4 cents higher per gallon than a year ago.

And you can bet that as we move into the "official" start of the summer driving season, the worst is yet to come. Prices will be headed even higher.

So with all the hoopla surrounding our newfound oil wealth and our legitimate move to become energy self-sufficient in as little as a decade, why are gas prices still climbing?

Let me explain...

Pump Prices Are Rising Quickly: Counterattack Now

Since the early 1970s, most major oil deals have been transacted in "petrodollars."

But that system has become increasingly challenged in recent years.

The conflict in Ukraine right now has only served to exacerbate things.

As America leads the charge to impose Western sanctions on Russia, it's a plan that's not only backfiring, but leading to opportunities for those who understand the consequences...

Full Story...

The Eagle Ford Shale Will Boost These Oil Stock Prices in 2014

oil stock prices in 2014

The Eagle Ford shale formation in Southern Texas is experiencing an unprecedented oil boom. With a daily output of more than 1.36 million barrels, it's the largest oil formation in the U.S.

It's helping make the U.S. the world's top oil producer and making oil companies even richer in the process.

For investors, that production will have a profound impact on these three oil stock prices in 2014...

This Texas Play Has All the Components of a Massive Energy Investing Winner

Kent Moors

Marina and I returned home from Houston late Wednesday night. After trips to London and Mexico City, we were tired to say the least... but also very excited.

That's because our latest trip allowed us to spend several days visiting the initial drilling sites for Money Map Project #1 in South and East Texas.

To continue reading, please click here...

Chevron's (NYSE: CVX) Annual Analyst Meeting Warns of Lingering Shifts in LNG Prices, Oil Prices

oil-prices

Chevron (NYSE: CVX), the nation's second-largest oil company and the world's fourth-largest energy producer by market value, cut expectations for its 2017 production by 6.1% at its annual security analyst meeting today (Tuesday), citing a drop in LNG prices and an increase in oil prices.

Over the last several months, the petrochemical company, along with industry competitors, has been shelling out huge amounts of cash to raise natural gas and oil production.

To continue reading, please click here...

U.S. Oil Futures Today: Watch Them Soar on These Two Factors

03032014KM

Today (Monday), U.S. oil futures hit a five-month high on fallout from the Ukraine conflict, further supported by inclement weather across the United States.

On the New York Mercantile Exchange (NYMEX), West Texas Intermediate (WTI) crude for delivery in April rose to a session high of $104.65 a barrel, the highest since Sept. 23.

To continue reading, please click here...

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