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.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The WTI crude oil price rallied higher today as investors remain hopeful ahead of next month's output freeze meeting.
But one OPEC country refuses to take part in next month's summit.
And according to Moors, this country now singlehandedly controls the future of oil prices...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Iran is OPEC's black sheep, and the WTI crude oil price isn't responding well to its revolt.
Prices fell after Iran stated it wouldn't join the effort to freeze production and raise prices.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The world's largest oil producers are getting cold feet, and West Texas Intermediate (WTI) crude oil prices are feeling it.
Prices are falling on news that a meeting among OPEC and non-OPEC producers is unlikely to happen.
But that doesn't mean you can't profit from oil's 2016 turnaround...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
After one of the most volatile starts to a year ever, the WTI crude oil price seems to have finally stabilized.
Oil prices today were bolstered by statements from the UAE energy minister and the declining U.S. rig count.
And there are three ways to profit from oil's long-term rebound in 2016...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The WTI crude oil price saw its second straight session of gains today after several producers announced production cuts across Oklahoma and Texas.
Today's gains mark the beginning of a sustained long-term rise in prices.
And there are four types of oil stocks that will offer nice returns in the meantime...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The WTI crude oil price hit a three-week high today thanks to a new IEA report and a declining rig count.
Despite today's gains, oil prices are actually much lower than they should be.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The crude oil price today whipsawed after four oil leaders reached an agreement to freeze production.
The fluctuation in prices shows investors don't think the freeze will ease the supply glut.
But it won't have an effect on the energy sector's profit potential this year...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Crude oil prices today rebounded from yesterday's 13-year lows following an announcement that OPEC is considering an output cut.
But there's one non-OPEC country that will have a huge influence on whether or not the cartel actually lowers output.
Here's what you need to know about oil prices today...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Oil prices and the stock market are in lockstep right now.
The correlation between Brent crude oil prices and the S&P 500 is at its highest level since 1990.
And there's one reason why the two have been moving in tandem with one another lately...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Crude oil prices today fell in the wake of the deadly East Coast blizzard over the weekend.
But don't let today's decline scare you away from the energy sector's profit potential.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
WTI crude oil continued its month-long spiral today in response to the lifting of Iran's economic sanctions over the weekend.
Despite the ongoing oil "crunch," investors shouldn't run away from the energy sector just yet.
Here are some ways you can make money from today's oil price movement...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Crude oil prices plummeted below the critical $30 mark today as investors remain concerned over Iran's oil operations.
Today's monster sell-off comes ahead of a report from the IAEA on the state of Iran's nuclear program.
But there's one reason why Iranian oil won't hit the market anytime soon...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The WTI crude oil price today broke above $31 for the first time in two days thanks to a rally in Chinese markets.
China’s performance today gave investors hope that demand will keep growing for the largest oil buyer in the world.
Here’s what you need to know about today’s significant price movement…