This month, President Trump chose not to recertify the United States' participation in the Joint Comprehensive Plan of Action, better known as the Iran Nuclear Deal.
The implications for oil prices are massive…
Category
Oil
Buy This Oil Stock as Crude Soars Above $70
On May 9, oil surged 3% to break $71 a barrel, its highest price level since 2014.
A range of geopolitical developments were responsible for the jump – America's exit from the Iran nuclear deal and OPEC's announcement that it would attempt to rein in member output were just a few.
However, these short-term gains are just the beginning.
No, Oil Won't Skyrocket Because Trump Has Ended the Iran Deal
Now that the Iran deal is finished, the price of oil has spiked, and the markets are more unpredictable than ever.
Before you do anything, you need to see this oil price target.
Plus, you can see how to play these wayward markets for thousands in profits each and every week...
Phillips 66 Partners Stock Just Entered Our "Buy Zone"
Phillips 66 Partners (NYSE: PSXP) just entered the Money Morning VQ Score™ "Buy Zone," making it one of the best stocks to buy right now.
And the timing couldn't be better…
Avoid Chevron Stock as Oil Prices Rise and Buy This Winner Instead
Oil prices have been on a tear over the last year, rallying to nearly $70 a barrel this month.
That may tempt you into buying Chevron stock – or one of the other Big Oil behemoths – but that's a mistake…
Why It's Time to Buy TransCanada Stock
Right now is the perfect time to buy TransCanada stock, and we'll show you exactly why…
TransCanada Corp. is a Canadian pipeline company transporting oil and natural gas across North America that is also expanding into Central and South America.
The Three Global Crises Will Impact Every Dollar You Make
Currently, the oil market is cashing in on the many geopolitical "lottery tickets" it has on hand.
Here's the Best Oil Stock to Buy as North American Oil Production Booms
Earlier this year, the United States began producing over 10 million barrels of oil a day – the greatest level of production since 1970.
Meanwhile, Canadian oil companies are on track to finish in the black for the first time in three years thanks to growing international demand.
Don't Wait for the Saudi Aramco IPO to Start Profiting
The Saudi Aramco IPO is dominating media coverage thanks to its potential $2 trillion valuation, but investors eager to participate in the biggest IPO of all time might have to wait another year.
That doesn't mean you can't start profiting from the trillions in capital that the Aramco IPO will generate.
You Can Easily Become an Oil "Wildcatter" in Your Own Right
Our Bill Patalon recently sat down with our oil and energy expert, Dr. Kent Moors, to talk about how to be an oil "wildcatter" in your own right – and a record-breaking opportunity he's tracking.