
Thanks to expiring oil rigs and lower supply, oil prices are heading toward $73 by mid-summer.
That means it's time to consider crude oil ETF investing if you want get in on the profits from the price rebound.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Thanks to expiring oil rigs and lower supply, oil prices are heading toward $73 by mid-summer.
That means it's time to consider crude oil ETF investing if you want get in on the profits from the price rebound.
Here's everything you need to know about crude oil ETFs...
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
The recent move in oil prices prompted the talking heads on TV to warn us the market is oversupplied, thereby driving prices down.
But now they will need to switch gears and “explain” why they are moving up.
Here's the real key to this week's oil uncertainty...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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...
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
The infamous OPEC oil cartel is crumbling. We've got insider proof that its highest-ranking officials are scrambling for some kind of stability.
But it's too late - the U.S. is a rising energy superpower that cannot be stopped.
Here's why OPEC is dying and why we're about to dominate the market...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Oil Price Forecast 2015: Crude oil futures for May delivery moved higher today (Tuesday) in the wake of bullish inventory data.
Although prices are coming off a bad first quarter, they're expected to have a strong rebound into the second quarter and beyond.
Here's our analysis on where oil prices are headed in 2015...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
It's no surprise that we're experiencing one of the worst slumps in crude oil price history.
But the good news is oil prices have already bottomed out. As prices move higher, oil will stay crucial - but it won't rule the market like it used to.
These charts illustrate where oil has been - and where it's going...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
As violence escalates in the Middle East, one question is on energy investors' minds - how will the Yemen crisis affect oil prices?
The event could imply an "Arab Spring II" due to low oil prices right now.
Here's where oil is headed by July...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
What is the price of oil today: Oil prices hovered around their lowest levels in six years today (Monday) as investors disregarded OPEC's forecast that U.S. output will halve by the end of 2015.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The price of WTI crude oil fell below $48 a barrel today (Wednesday) after the Energy Information Administration (EIA) released its weekly supply report.
But there's one consequence of lower oil prices that will inevitably move them up.
Here's everything you need to know about today's drop and the future of oil prices...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Current crude oil prices remain below $52 a barrel. Today's slight drop comes at the end of a week that has seen a 3.8% drop so far.
But despite recent pullbacks, WTI and Brent are up 6% and 19% in the last month.
Here's where prices are headed to next - and how they'll get there...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The current price of oil per barrel rallied hard today (Friday) at the end of an extremely volatile week.
Oil prices have been U-shaped this week, hitting highs of $54 midday Monday and lows of $48 midday Wednesday before soaring back up today.
But analysts keep calling for lower prices.
Here's what they're failing to understand…
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Oil prices today (Tuesday) fell below $50 for the first time in three trading sessions.
The decline came after the International Energy Agency (IEA) warned oil prices may stay down as stockpiles increase.
Here's what you need to know about today's decline and what the experts think about it...
By Dr. Kent Moors, Global Energy Strategist, Oil & Energy Investor • @KentMoors_OEI -
In an oil market version of a game of chicken, Saudi policymakers are trying to make U.S. producers blink first. And it's starting to work.
U.S. rigs are being brought offshore and drilling projects are being shelved. This will have an impact on the supply side in short order. By this summer, oil prices may be back to a range of $65 to $70 a barrel.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The oil price today (Wednesday) abruptly fell below $50 again.
The oil price drop came after another weekly supply announcement. The U.S. Energy Information Administration reported crude oil supplies rose by 6.3 million barrels to 412.1 million in the week ended Jan. 30.
Here's everything you need to know about oil's sharp decline today...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The crude oil price drop today (Tuesday) fell to its lowest in five years. Both WTI and Brent oil are down 59% since June 2014.
If this trend continues, oil will be the lowest in a decade.
Here's where prices are headed now...