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.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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...
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 Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
Good morning! Dow Jones Industrial Average futures today (Tuesday, Jan. 5) were down 34 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 yesterday, and the U.S. markets are still reacting to the news.
Here's what else investors need to know about the Dow Jones Industrial Average today...
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
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...
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
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...
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
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...
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
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...
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
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...
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
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...
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
Good morning! The Dow today (Monday, Dec. 14) fell 20 points in the opening hour.
Today the Dow Jones Industrial Average is reacting to the Federal Reserve's meeting next week on whether or not interest rates should be raised.
Crude oil prices came close to an 11-year low to open the market. Fears of oil glut and a pricing war between OPEC and non-OPEC producers dropped the price to $35.62 per barrel.
Here's what else investors need to know about the Dow Jones Industrial Average today...
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
Good morning! Dow futures today (Thursday, Dec. 10) are up 25 points ahead of opening bell.
Today the Dow Jones Industrial Average will aim to break a three-day losing streak.
Oil prices hit a new low amid concerns of oversupply following a meeting among members of OPEC. The global oil cartel recently chose to continue pumping oil at high volumes in order to protect market share.
Here's what else investors need to know about the Dow Jones Industrial Average today...
By Garrett Baldwin, Behavioral Trading Specialist, Money Morning -
Futures for the Dow Jones Industrial Average today (Wednesday, Dec. 9, 2015) are up 21 points as oil prices rose on speculation that crude inventories declined.
Oil prices remain strained as concerns about oversupply increase following a meeting among members of OPEC. The global oil cartel recently chose to continue pumping oil at high volumes in order to protect market share.
Here's what else investors need to know about the Dow Jones Industrial Average today...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
WTI crude oil prices fell for the second straight day ahead of tomorrow's OPEC meeting and today's expiration for November futures contracts.
But there's a much larger producer prepping for an OPEC meeting soon.
Here's everything you need to know about where prices are headed this year...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
WTI crude oil prices today fell lower following bearish supply data from the U.S. Energy Information Administration.
Yesterday, the agency reported U.S. oil inventories grew by 7.6 million barrels last week.
But there's one event at the end of October that could reduce output and boost prices into 2016...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
WTI crude oil prices today settled at their highest level in two weeks.
The boost in prices came after Friday's rig count from Baker Hughes and a statement from the World Bank.
Here's everything you need to know about why oil prices surged higher...