WTI crude oil prices moved higher today as investors bet on U.S. production dwindling throughout the rest of the year.
Although the decline in U.S. output should continue, OPEC is producing at a rapid rate to defend its market share.
Here's what you need to know about what's moving oil prices today...
WTI crude oil prices moved higher today after a bullish supply report from the EIA.
Despite today's gains, oil has been exceptionally volatile over the last few months.
WTI crude oil prices today bounced back after enduring their largest one-day drop in three weeks on Friday.
Today's rebound comes on traders' expectations that the yearlong price crash will incentivize producers to decrease output.
Here's what supply and demand will look like as we move into 2016...
WTI crude oil prices fell into the red today following the Fed's announcement yesterday.
Yesterday, Fed Chairwoman Janet Yellen announced that interest rates would remain at their near-zero level for the time being.
Here's why any looming rate hike won't end up crushing oil prices...
WTI crude oil prices today moved higher today as traders await the outcome of this week's FOMC meeting.
Investors are waiting to see if the central bank will deliver its first interest rate hike in nearly 10 years.
Here's how the outcome of the assembly could affect oil prices the rest of the year...
Crude oil futures surprisingly surged higher today after Iranian negotiations finally culminated in a landmark nuclear deal.
The deal allows Iran to start exporting more oil, which analysts worry will flood the already oversupplied market.
But there's one fundamental reason why prices won't dip lower...
How much is a barrel of oil today, 7/2/15: Oil prices are seeing a soft rally today on the coattails of a bullish U.S. jobs report.
Despite today's gains, oil prices have fallen by more than 1% over the last week.
Crude oil prices today tumbled in response to fresh supply numbers from the EIA.
The agency reported a 1.9 million barrel decline last week. It fell short of analysts' expectations of 2.4 million barrels.
The WTI oil price today broke the benchmark's three-day losing streak amid a surging dollar and new inventory data.
Although prices are experiencing a long-term recovery, some producers are getting beaten down by debt across the board.
Here's how their collapse will open up profit opportunities in 2015...
The crude oil price today (Friday) dropped below $60 in morning trading. The tumble erased most of Thursday’s gains and put oil prices on track for a weekly loss.
But today’s movement is just short-term volatility.
Here’s the biggest reason why prices will be in the $70 range by year’s end…
The WTI crude oil price saw more gains today after the Energy Information Administration (EIA) reported better-than-expected supply data.
Despite today's boost, oil prices have been volatile over the last week. But short-term volatility is to be expected.
Here's why oil will follow a strange yet upward trajectory...
How much is a barrel of oil, 5/6/15: Oil futures maintain their month-long winning streak today amidst geopolitical concerns in Saudi Arabia, Yemen, and Libya.
Today marks the first time WTI oil has reached above $62 since early December.
Here's why prices have been surging lately...
Crude oil prices today hit their highest level of the year after China released declining manufacturing data.
The Energy Information Administration (EIA) also helped the market with its weekly report - which showed lower production for the second straight week.
Here's what you need to know about today's huge gain - and why prices will go higher in 2015...
The worsening crisis in Yemen has provided a stark reminder of the immediate impact geopolitical events can have on oil prices.
I was asked to provide my analysis on CNBC's "Closing Bell" on Thursday afternoon, and to discuss the impact the crisis will have on oil prices.
Because this crisis is already having a big impact on the price of crude...
Why crude oil prices today are rising, 3/26/2015: Crude oil futures kept moving higher this morning in response to escalating violence in the Middle East.
Both WTI and Brent prices were up today after Saudi Arabia launched airstrikes across Yemen.
Here's why the conflict is causing oil to surge today...
