Markets:
DJIA --179.030.57%
NASDAQ +12.150.09%
S&P --11.600.30%
Featured Stocks:
HBP 0.29% 3.45
IWM +1.16% 215.00
SOCL +0.79% 67.67
IIPR -1.15% 194.38

Crude Oil Prices

Article Index

My Oil Price Forecast Shows Why Crude Supplies and Imports Are Rising

By , Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -

oil price forecast

U.S. crude inventories are sitting at record highs of around 2.05 billion barrels right now.

That's not a surprise. After all, there's a lingering global crude glut.

But what's surprising - at first glance - are U.S. crude imports. They're up by close to 1 million barrels per day. The country took in 8.64 million barrels per day in the week ending March 25, compared to just 7.69 million over the same period a year ago. 

Therein lies what appears to be a paradox: Why on Earth would we import more oil when we may be forced to fill swimming pools with it soon?

The answer is very simple, and it becomes clear when you see my oil price targets...

The Biggest Oil Supply Mystery in Decades – 289 Million Barrels Vanished

By , Associate Editor, Money Morning • @AlexMcGuire92 -

oil supply

Excess oil supply has been the global energy market's biggest nightmare for nearly two years now.

But a recent report shows a 289 million barrel discrepancy in last year's oil supply data.

And it demonstrates how this imperfect process of measuring supply is manipulating crude oil prices...

And it demonstrates how this imperfect process of measuring supply is manipulating crude oil prices...

Here's What Has London's Wealthiest Oil Kingpins So Fired Up

By , Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -

oil prices

The City of London is hands-down the most important energy financing command center on Earth. More money for oil and gas projects is raised within a three-mile radius of Liverpool Street station than anywhere else in the world.

Naturally, this part of town is packed to the rafters with some of energy's most influential and important "money men" and women.

When I was at the Palace of Westminster for a closed-door energy briefing at the House of Lords, these financiers were absolutely electrified by one recent development.

It won't be long before these players are going to make a lot of money on this, and we'll have our chance, too...

A Single Country Now Controls the Future of Oil Prices

By , Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -

oil prices

After a hefty rise of 46.9% for the month through close last Friday, WTI crude fell for two consecutive sessions to start the week.

As always, pundits with no real experience in the industry will blame the "glut" - but excess supply on its own is not responsible for today's oil conundrum.

Instead, the key factor in how people regard the market and anticipate oil prices today is guaranteed excess supply.

And the actions of a single country will now decide whether that guarantee will remain...

What the World's Leading Energy Sector Insiders Fear Most

By , Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -

Best Oil ETF to buy in 2018

There's a lot of conversation about the energy sector's accelerating debt crisis. The bottom line is simply this.

Regardless of where the crude oil price moves from here, there is little likelihood that any rise in the level will be large (or happen soon) enough to save most companies mired in a vicious cycle of ever more debt.

But don't worry, because you'll be prepared. These five charts will help you put the situation into perspective and even prepare for the fallout...